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Benkadi Group
In this Group: Kadia , Djenebou , Salimata , Haby
The group Benkadi is composed of four women who are all married. They average 29 years of age and one child each, and half of them live in nuclear families in Dialanikoro, a district in Bougouni City. They know one another through ties of community, friendship, and commerce. To bolster their financial capacities, so as to do better business, they joined the microfinance institution Soro Yiriwaso and are now on their second loan. The previous loan was correctly repaid. This group of women does commerce in condiments, shoes, wheat flour, clothing, etc.

HABY, who is the first person from the right in the photo, buys and sells wheat flour from wholesalers. Accepting cash or credit, she makes her sales retail at the market, at the surrounding village fairs, and at home. Her customer base is composed of men and women.

She envisions making an average monthly profit of 25,000 francs CFA that will be used for investing in her business and repaying the loan.
View original language description ↓
Le groupe Benkadi est constitué de 4 femmes toutes mariées ayant une moyenne d’âge de 29 ans et 1 enfant. Elles vivent à moitié dans des familles nucléaires à Dialanikoro, un des quartiers de la ville de Bougouni.
Elles se sont connues à travers des liens de voisinage, d’amitié et de commerce. Afin de renforcer leurs capacités financières pour de mieux faire leurs commerces, elles ont adhéré à l’institution de microfinance Soro Yiriwaso avec laquelle elles sont à leur deuxième prêt et le prêt précédent a été correctement remboursé. Ce groupe de femmes fait le commerce de de condiments, de chaussures, de farine de blé, d’habits, etc.
HABY, première de la droite vers la gauche, fait l’achat vente de farine de blé. Elle compte acheter avec son prêt, 5 sacs de farine de blé auprès des grossistes. Elle effectue ses ventes au marché, dans les foires des villages environnants et à domicile, en détail au comptant et à crédit à une clientèle composée d’hommes et de femmes.
Elle envisage réaliser un bénéfice mensuel moyen de 25.000FCFA qui sera investi dans les activités et rembourser le prêt.

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
  • 27
    View loans »
    Mali Loans Fundraising
  • $9,992,325
    Funds lent in using Kiva
  • 492.9
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Benkadi Group's $825 loan helped a member to purchase wheat flour to resell.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 4, 2013
Listed
Jun 13, 2013
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2013