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Benkadi Group
In this Group: Fatoumata, Kamissa, Fatou, Tenin
Membership in the Benkadi group is comprised of married women who are on average 28 years old and have two children. They live in monogamous households, all residing in the Filabougou quarter of Ouelessebougou (Koulikoro, Mali). They are known to one another by ties of kinship and proximity. The group’s primary area of endeavor is the sale of fruit and seasonal non-alcoholic carbonated beverages; in addition, they sell a variety of other items, including charcoal and infant clothing (shoes and layettes). After a series of individual setbacks, they formed a group to join the Soro Yiriwaso group loan program and this will be their first loan. With this loan of approximately $55 (25,000 XOF) per member, they intend to buy 150 kilograms of fruit, 60 cans of drinks and various other articles. They do their purchasing from local wholesalers every 15 days and engage in traveling and cash sales. The women in the Benkadi group hope to realize a profit of $17 (8,000 XOF) each every two weeks. They will use these profits to meet the needs of their families. In the days to come they want to diversify their business, branching out into the sale of vegetables and seasonings.
View original language description ↓
Les membres du groupe Benkadi sont des femmes mariées avec en moyenne vingt huit (28) ans et deux (2) enfants vivant dans des foyers monogames et résident toutes dans le quartier filabougou à Ouéléssébougou (Région de koulikoro 2è région du Mali). Elles se sont connues par des liens de parenté et de voisinage.

L’activité dominante du groupe est la vente de fruits et boissons gazeuses non alcoolisées (selon la saison), en plus de cette activité, elles vendent divers articles tel que : le charbon de bois, les vêtements pour nourrissons (chaussures et layettes).

Après plusieurs activités menées à l’individuel sans réussite, elles se sont regroupées pour intégrer le programme de prêt solidaire de Soro Yiriwaso et sont à leur premier prêt.

Avec ce prêt de 25.000 FCFA par membre, elles comptent acheter 150 kilogrammes de fruits, 60 cannettes de boissons et d’autres divers articles. Elles s’approvisionnent sur place chaque quinze (15) jours auprès des grossistes et vendent en ambulant et au comptant. Les femmes du groupe Benkadi envisagent réaliser chacune un bénéfice par cycle de 8000 FCFA qui sera utilisé pour satisfaire les besoins de la famille. Elles veulent dans les jours à venir, diversifier leur commerce en embrassant la vente des légumes et condiments.

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

  • $1,100
    Average annual income
  • 40
    View loans »
    Mali Loans Fundraising
  • $11,450,100
    Funds lent in using Kiva
  • 451.2
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Benkadi Group's $225 loan helped a member purchase of fruit, beverages and a variety of other items.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Oct 15, 2008
Listed
Oct 1, 2008
Currency Exchange Loss:
Covered
Ended:
May 15, 2009