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Benkan Group
In this Group: Rokia, Djeneba, Binta, Maïmouna, Awa, Ramata
The Benkan Group is made up of six married women who are, on average, 31 years old and have four children. They all live in traditional, extended families in the Massablacoura neighbourhood of the town of Bougouni. They know one another through friendship, business and neighbourhood connections.

The members all want to improve their business performance so they work with the field partner, Soro Yiriwaso. This will be their sixth loan. The previous loans were all fully and correctly repaid.

Rokia (standing fourth from the right in the photo) sells food ingredients. She will use her loan to buy nine baskets of tomatoes, 250 kilos of pumpkins and 150 kilos of cabbages from wholesalers in Sikasso. She sells her goods at the market and from door to door, to various customers on a cash or credit basis. Rokia expects to earn an average of 35,000 francs CFA a month, and will use this money to invest in her business and repay her loan.
View original language description ↓
Le groupe BENKAN est constitué de six femmes mariées ayant une moyenne d’âge de 31 ans et 4 enfants. Elles vivent dans des familles traditionnelles élargies dans le quartier MASSABLACOURA de la ville de Bougouni.
Elles se sont connues à travers des liens de voisinage, d’amitié et de commerce. Pour renforcer leur capacité financière afin de mieux faire leur commerce, elles ont adhéré à l’institution de microfinance Soro Yiriwaso avec laquelle elles sont à leur 6ème prêt. Les cinq précédents prêts ont été correctement remboursés. Ce groupe de femmes fait le commerce de condiments à l’image de ROKIA qui est la 4ème femme debout dans la photo de la droite vers la gauche. Elle compte acheter avec son prêt, neuf paniers de tomates, deux cent cinquante kg de potirons et cent cinquante kg de choux avec les grossistes de Sikasso. Elle effectue ses ventes au marché et à domicile, en détail au comptant et à crédit à une clientèle mixte .
Elle envisage réaliser un bénéfice mensuel moyen de 35.000FCFA 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
  • 68
    View loans »
    Mali Loans Fundraising
  • $10,809,225
    Funds lent in using Kiva
  • 473.9
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Benkan Group's $2,550 loan helped a member to buy food ingredients for resale.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 15, 2014
Listed
Apr 23, 2014
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2014