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Benkadi (Parler La Même Voie) Group
In this Group: Maïmouna , Minata , Fatoumata , Minata , Djeneba, Fatoumata, Aminata
Benkadi is a group of women from the Hamdallaye Extension neighborhood in the city of Koutiala who live in large traditional families. They average 28 years of age, are married and have at least three children. This group of women sells various products such as fruit, vegetables, cosmetics and others.

To increase the size of their operations, the group members decided to join the Soro Yiriwaso loan program. They are on their first group loan.

Maïmouna is a group member who is the second person sitting from left to right. She plans to use the loan to buy cans of oil. She gets her supplies from Koutiala. She then retails the oil for cash at home and at the market to a diversified clientele.

While other members of the Benkadi group expect to achieve an average profit of 60,000 each during this loan cycle, Ms. Maïmouna expects to achieve 65,000 CFA francs.

In addition to repaying the loans, they use some of the income to meet personal expenses and increase their stock-in-trade.
View original language description ↓
Benkadi est un regroupement de femmes du quartier Hamdallaye Extension de la ville de Koutiala qui vivent dans de grandes familles traditionnelles. Elles ont en moyenne 28 ans, sont mariées et ont au moins 3 enfants.
Ce groupe de femmes fait le commerce d’articles divers tels, les fruits et légumes, les cosmétiques et divers etc.
Pour augmenter la taille de leurs activités, les membres ont décidé d’intégrer le programme crédit de Soro Yiriwaso. Elles sont à leur premier prêt de groupe.
Maïmouna est un membre du groupe assise deuxième personne de la gauche vers la droite. Elle compte utiliser son prêt pour acheter des bidons d’huile. Elle se procure de ces produits à Koutiala. Elle vend de huile en détail et au comptant à la maison et au marché et à une clientèle diverse.
Tandis que les autres membres du groupe Benkadi comptent réaliser un bénéfice moyen de 60 000 chacune au cours de ce cycle Mme Maïmouna compte réaliser 65 000FCFA.
En plus du remboursement des prêts, elles utilisent une partie du revenu pour faire face aux dépenses personnel et augmenter son fond de commerce.

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
  • 12
    View loans »
    Mali Loans Fundraising
  • $10,309,100
    Funds lent in using Kiva
  • 486.0
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Benkadi (Parler La Même Voie) Group's $725 loan helped a member buy cooking oil.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 27, 2013
Listed
Sep 25, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 17, 2014