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Benkadi Group
In this Group: Rose , Moussokoura , Astan , Djénèba
This Benkadi Group consists of four women who are mostly married and living in monogamous households. They have an average age of 29 and three children. They all live in Kalaban Adekene, one of the neighborhoods in Bamako. They met through neighborhood savings groups and their income-generating activities. The group members run businesses, including selling fish, ornaments, and condiments. To increase their working capital, the group members decided to join Soro Yiriwaso and are on their first group loan. Ms. Djeneba (sitting second from left to right in the photo) enjoys a good reputation for the sale of fresh fish. She plans to use her loan to buy 90 kg of fish. She buys her supplies in the river area and resells for credit in Kalaban Adekene to a clientele of mostly women. Ms. Djeneba expects to earn an average monthly profit of 80,000 FCFA that will be used to meet the needs of her children and reinvested in her business. Ms. Djeneba is depending a lot on the partnership with Soro Yiriwaso to achieve her goal of growing her business.
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Ce groupe Benkadi est constitué de quatre (4) femmes majoritairement mariées dans des ménages monogamiques. Elles ont en moyenne d’âge 29 ans et 3 enfants. Elles habitent toutes à Kalaban Adekene l’un des quartiers de Bamako. Elles se sont connues à travers des tontines dans le quartier et de leurs activités génératrices de revenu. Les membres du groupe font du commerce, tel que la vente du poisson, parures et condiments. Dans le but d’augmenter leurs fonds de commerce, les membres du groupe ont décidé de rejoindre Soro Yiriwaso et sont à leur 1ier prêt en prêt solidaire.
Madame Djénèba (femme assise en 2ème position de la gauche vers la droite sur la photo) a une grande réputation dans la vente du poisson frais. Elle compte utiliser ce prêt pour acheter 90 kg du poisson. Elles s’approvisionnent au quartier du fleuve. La revente s’effectue à Kalaban Adekene au comptant à une clientèle composée majoritairement de femmes. Madame Djénèba compte réaliser avec ce prêt un bénéfice mensuel moyen de 80 000 FCFA, qui sera utilisé pour satisfaire les petits besoins de ses enfants et investir le reste dans ses activités. Madame compte beaucoup sur le partenariat de Soro Yiriwaso pour l’atteinte de ses objectifs qui est l’élargissement de son activité.

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
  • 25
    View loans »
    Mali Loans Fundraising
  • $9,946,875
    Funds lent in using Kiva
  • 489.6
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A portion of Benkadi Group's $1,250 loan helped a member to buy fresh fish.
98% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 23, 2014
Listed
Aug 19, 2014
Currency Exchange Loss:
Possible
Ended:
Feb 17, 2015