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Benkadi Group
In this Group: Assan , Konta , Fatoumata , Awa , Tenin
Married for the most part in traditional extended families, the five women of the group Benkadi average 36 years of age and four children each. The women all live in the DALLAN de San district, in Région de Ségou (4th administrative region of the Republic of Mali) and know one another through ties of community, professional work, and kinship. They buy and sell fruit & vegetables and beverages.

With the goal of satisfying the needs of their burgeoning and demanding customer base, the group members decided to join the microfinance institution Soro Yiriwaso and are now on their second solidarity loan.

Ms. ASSAN (second person standing from the right in the photo) excels in selling fruit & vegetables of all sorts. She is much in demand at the different fairs that she attends. She intends to use her loan to purchase 10 sacks of potatoes, 2 baskets of tomatoes, 3 sacks of plantains, and a basket of bell peppers. She gets her supplies from wholesalers from Sikasso each week. Accepting cash, she makes her sales retail to a mixed customer base at the many fairs in Cercle de SAN.

With this loan, Ms. ASSAN hopes to make an average monthly profit of 35,000 francs CFA that will used for reinvesting in her business and helping out her husband in meeting household needs.
View original language description ↓
Mariées majoritairement dans des familles traditionnelles élargies, les cinq femmes du groupe Benkadi ont en moyenne 36 ans et 4 enfants. Elles habitent toutes le quartier DALLAN de San dans la région de Ségou (4ème région administrative du Mali) et se sont connues à travers des liens de voisinage, de leurs activités professionnelles et de parenté. Elles font l’achat et la vente de fruits et légumes et de boissons.
Dans le but de satisfaire le besoin de leurs clientèles de plus en plus croissantes et exigeantes, les membres du groupe ont décidé d’intégrer le programme crédit de Soro Yiriwaso et sont à leur 2e prêt solidaire.
Madame ASSAN (deuxième debout de la droite vers la gauche sur la photo) excelle dans la vente de fruits et légumes de tous genres. Elle est très sollicitée dans les différentes foires qu’elle fréquente.
Elle compte utiliser son prêt pour acheter, 10 sacs de pomme de terre 2 paniers de tomate, 3 sacs de banane plantain, 1 panier de poivron. Elle s’approvisionne avec les grossistes venant de Sikasso hebdomadairement. Elle effectue ses ventes au comptant, en détail à une clientèle mixtes dans plusieurs foires du cercle de SAN.
Avec ce prêt, Madame ASSAN espère réaliser un bénéfice mensuel moyen de 35.000 FCFA qui sera utilisé pour être réinvesti dans l’activité et aider son conjoint dans la prise en charge des besoins du foyer.

Additional Information

Important Information

Soro Yiriwaso is a microfinance institution that works primarily in rural and semi-urban areas of Mali to provide underprivileged communities with access to financial services.The organization facilitates access for disadvantaged clients, particularly women, to new resources and services, fostering solidarity and cooperation among its clients. Kiva lenders’ funds will enable Soro Yiriwaso to expand its outreach and target even more underserved Malians involved in business and agriculture.

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.

About Mali

  • $1,200
    Average annual income
  • 9
    View loans »
    Mali Loans Fundraising
  • $10,386,300
    Funds lent in using Kiva
  • 502.6
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Benkadi Group's $1,000 loan helped a member to purchase fruit & vegetables.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 19, 2013
Listed
Apr 29, 2013
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2013