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Benkadi Group
In this Group: Yah , Fanta , Korotoumou , Marie , Fatoumata , Mariam , Safi , Ramata , Djénèba
The nine members of the Benkadi group, the majority of whom live in monogamous households, average 39 years of age with five children each. They all live in Kanadjiguila in the Mandé commune/Kati circle and they got to know each other as neighbors and through their income-generating activities in the Kanadjiguila market.

The members of the group have small businesses buying and selling condiments (tomatoes, cabbages, aubergines) macaroni, clothing, ingredients for restauration and cosmetics. In order to be able to get fresh supplies for cash, the group members decided to collaborate with Soro Yiriwaso and are on their third group loan cycle.

Yah, who is sitting second from the right in the photo, is a significant seller of condiments (tomatoes, cabbages, aubergines,..). She is planning to use her loan to buy 20 baskets of tomatoes, 13 sakcs of aubergines and 18 sacks of cabbage in Bamako. She resells her products on a retail basis in Kanadjiguila to a customer base made up primarily of women. Yah expects to make a monthly profit of 150,000FCFA as a result of this loan and will reinvest this in her business and provide for small household needs.
View original language description ↓
Mariées majoritairement dans des ménages monogamiques, les neuf membres du groupe Benkadi ont en moyenne 39 ans et 5 enfants. Elles habitent toutes à Kanadjiguila dans la commune du Mandé / cercle de Kati et se sont connues à travers des liens de voisinage et de leurs activités génératrices de revenu au marché de Kanadjiguila. Les membres du groupe font le petit commerce de, condiments (tomates, choux, aubergines), macaronis, habits et la restauration cosmétiques. Dans le but de se ravitailler au comptant, les membres du groupe ont décidé de collaborer avec Soro Yiriwaso et sont à leur 3ème cycle de prêt solidaire.
Madame Yah (femme assise en 2ème position de la droite vers la gauche sur la photo) est une grande vendeuse des condiments (tomates, choux, aubergines,…). Elle compte utiliser son prêt pour acheter 20 corbeilles de tomates, 13 sacs d’aubergines, 18 sacs de choux à Bamako. La revente se fait en détails à Kanadjiguila à une clientèle composée majoritairement de femmes. Madame Yah compte avoir avec ce prêt un bénéfice mensuel moyen de 150 000 FCFA qui sera utilisé, pour être réinvesti dans l’activité et satisfaire les petits besoins du foyer.

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.

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About Mali

  • $1,200
    Average annual income
  • 80
    View loans »
    Mali Loans Fundraising
  • $10,874,800
    Funds lent in using Kiva
  • 474.7
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A portion of Benkadi Group's $5,700 loan helped a member to buy condiments.
99% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 16, 2014
Listed
Apr 29, 2014
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2014