Check out some available loans that are similar to this one!
Benkadi Group
In this Group: Assan , Konta , Fatoumata, Tenin
The women of the Benkadi group are on average 35 years old with 3 children each, and all live in traditional extended families in the Dallan neighborhood of the town of San in the fourth administrative region of Mali. The women came to know each other through relatives and are in the business of purchasing and selling food products. After having fully repaid their previous loans, the women of Benkadi are on their third group loan.

Assan, the second woman from the left in the photo, plans to use her loan to purchase ten baskets of bananas, oranges, and mangoes. She stocks up in San and in the neighboring villages. She makes her sales at a market in San to a customer base made up of both men and women, and hopes to earn an average monthly profit of 27,000 francs CFA. This will be used for expenses such as health, food, clothing, and education, and the remainder will be reinvested in the business.
View original language description ↓
Les femmes du groupeBENKADIont en moyenne 35 ans, 3 enfants et vivent toutes dans des familles traditionnelles élargies au quartier DALLAN dans la ville 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 produits alimentaires.
Après avoir correctement remboursés les prêts précédents, les femmes du groupe BENKADI sont à leur 3 eme prêt solidaire. ASSAN 2 eme femme de la gauche vers la droite en complet wax sur la photo compte utiliser son prêt pour acheter, dix paniers de bananes, des oranges et de mangues. Elles s’approvisionnent à SAN et dans les villages environnants. Elles effectuent ses ventes, sur place à SAN, à Elle envisage réaliser un bénéfice moyen mensuel de 27.000FCFA 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. Elle envisage réaliser un bénéfice moyen mensuel de 27.000FCFA 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.une clientèle composée de femmes et d’hommes.

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
  • $9,921,450
    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 $825 loan helped a member to purchase fruits.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 25, 2013
Listed
Nov 17, 2013
Currency Exchange Loss:
Possible
Ended:
May 17, 2014