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Benkadi Group
In this Group: Astan , Djeneba , Assan , Awa , Mah
The women of the Benkadi group have an average age of 45 years and an average of 4 children each. They all live in traditional extended families in Kimparana, in the San area in the 4th administrative region of Mali. The women came to know each other through relatives and are in the business of purchasing and selling grains and cereals, and also in the restaurant business. After having fully repaid all of their previous loans, the women of Benkadi are now on their fourth group loan.

Mah, the first woman on the right in the photo, plans to use her loan to purchase 40 liters of oil, two 100-kg bags of rice, tubers, vegetables, and seasonings for her restaurant business. She stocks up in Kimparana and makes her sales to a customer base made up of men and women for cash and often for credit. She hopes to earn an average monthly profit of 60,000 francs CFA which she will use to pay expenses for health, food, clothing, and education costs, and the remainder to be reinvested in her business.
View original language description ↓
Les femmes du groupe BENKADI en moyenne 45 ans, 4 enfants et vivent toutes dans des familles traditionnelles élargies à KIMPARANA dans le cercle de SAN de la quatrième région administrative de la république du Mali.
Ces femmes se sont connues à travers des liens de parenté et font les activités d’achat et de vente graines de céréales et de la restauration.
Après avoir correctement remboursés les prêts précédents, les femmes du groupe BENKADI sont à leur 4 eme prêt solidaire.
MAH 1 ère femme de la gauche vers la droite sur la photo compte utiliser son prêt pour acheter 40 litres d’huile, deux sacs de riz de 100kg, des tubercules, légumes et des condiments pour la restauration. Elles s’approvisionnent à KIMPARANA. Elle effectue ses ventes, à une clientèle composée de femmes et d’hommes en espèce et souvent à crédit.
Elles envisagent réaliser un bénéfice moyen mensuel de 60000FCFA qui sera utilisé dans les dépenses relatives à la santé, à la nourriture, et l’habillement, aux frais scolaires et le reste sera réinvesti dans les activités.

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
  • 31
    View loans »
    Mali Loans Fundraising
  • $10,710,275
    Funds lent in using Kiva
  • 486.6
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Benkadi Group's $2,075 loan helped a member to purchase ingredients for her restaurant.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 10, 2013
Listed
Nov 17, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 23, 2014