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Ben Group
In this Group: Fatoumata , Moumou, Batourou , Bara , Fatoumata , Aminata , Mariam , Assetou
Ben is a group of women from the Koulikoro neighborhood of the city of Koutiala. They know each other well and live in large, traditional families with their husbands, children, and other relatives. They average 33 years old, are married, and all have at least 4 children.

This group of women sells various items such as clothing, firewood, and sundries. The group members decided to join the Soro Yiriwaso loan program in order to increase their business. This is their eighth group loan.

Mariam (standing in front, dressed in dark blue damask) is a member of the Ben group and sells firewood. She plans on using her loan to buy large loads of high-quality wood in the brush land near Koutiala that she will retail to a diverse clientele.

While the other members of the Ben group plan on earning an average income of 100,000 CFA Francs each during this cycle, Mariam plans on earning 115,000 CFA Francs. In addition to repaying loans, the women use part of their income to cover personal expenses and to increase their business capital. They hope to strengthen their partnership with Soro Yiriwaso so that they always have inventory to sell.
View original language description ↓
Ben est un regroupement de femmes du quartier Koulikoro de la ville de Koutiala qui se connaissent bien et qui vivent dans de grandes familles traditionnelles avec leurs maris, enfants et autres parents. Elles ont en moyenne 33 ans, sont mariées et ont au moins 4 enfants.
Ce groupe de femmes fait le commerce d’articles divers tels que, des Habits, Bois de chauffage et divers. Pour augmenter la taille de leurs activités, les membres ont décidé d’intégrer le programme crédit de Soro Yiriwaso. Elles sont à leur huitième prêt de groupe.
Mariam est un membre du groupe Ben debout devant, habillée en Bazin bleu foncée, vendeuse de Bois de chauffe. Elle compte utiliser son prêt pour acheter de Chargements de bois dans des brousses environnantes de Koutiala en quantité et en qualité qu’elle vend en détail à une clientèle diverse.
Tandis que les autres membres du groupe Ben comptent réaliser un bénéfice moyen de 100 000FCFA chacune au cours de ce cycle Mme Mariam compte réaliser 115 000FCFA.
En plus du remboursement des prêts, elles utilisent une partie du revenu pour faire face aux dépenses personnelles et augmenter son fonds de commerce.
Elles souhaitent voir renforcer ce partenariat avec Soro Yiriwaso pour que les stocks ne soient pas rares.

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
  • 11
    View loans »
    Mali Loans Fundraising
  • $10,309,100
    Funds lent in using Kiva
  • 480.5
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A portion of Ben Group's $1,250 loan helped a member to buy firewood.
99% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 16, 2014
Listed
Jul 3, 2014
Currency Exchange Loss:
Possible
Ended:
Jan 17, 2015