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Benkan Group
In this Group: Malado , Fatoumata , Ténédjè , Awa , Assan , Aïchata , Awa , Kadiatou
The eight members of the 'Benkan' Group are all married and live in monogamous households. They are, on average, 39 years old and have six children. The women all live in Daoudabougou, a district of Bamako, and know one another through neighbourhood and family ties, and their work. They sell honey, food ingredients and clothes.

In order to increase their stocks of product, the group members have decided to work with the field partner, Soro Yiriwaso. This will be their first group loan.

Kadiatou (standing on the far right in the photo) is a successful honey seller. She plans to use her loan to buy 80 litres of honey from the villages surrounding Bamako. She will then retail it on foot, for cash or on credit. Sometimes she takes orders. Her customers are both men and women.

Kadiatou expects to achieve a monthly average profit of 40,000 francs CFA, which she will use to provide for the healthcare costs of her children. Her long term objective is to use this partnership with Soro Yiriwaso to increase the size of her business.
View original language description ↓
Constitué de huit (8) femmes, les membres du groupe Benkan sont toutes mariés dans des ménages monogamiques. Elles ont une moyenne d’âge de 39 ans et 6 enfants. Elles habitent toutes à Daoudabougou l’un des quartiers de Bamako. Elles se sont connues à travers des liaisons de parenté, de voisinage et de leurs activités génératrices de revenu. Les membres du groupe font la vente du miel, condiments et habits. Dans le souci de constituer leurs stocks de vente, les membres du groupe ont décidé de faire recours à Soro Yiriwaso et sont à leur 1èr cycle de prêt solidaire.
Madame Kadiatou (femme arrêtée à l’extrême droite sur la photo) est une grande vendeuse du miel. Elle compte utiliser son prêt pour acheter 80 litres du miel. Elles s’approvisionnent en miel dans les villages environnants de Bamako. La revente se fait au comptant ou à crédit en ambulant et parfois par commande à une clientèle mixtes. Madame Kadiatou compte réaliser avec ce prêt un bénéfice mensuel moyen de 40 000 FCFA par mois, qui sera utilisé, pour assurer les soins de santé des enfants. Elle a pour objectif d’augmenter le volume de son activité dans ce partenariat avec Soro Yiriwaso.

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
  • 10
    View loans »
    Mali Loans Fundraising
  • $10,309,100
    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 Benkan Group's $1,650 loan helped a member to buy honey for resale.
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