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Benkadi (Entente) Group
In this Group: Farima , Assétou , Alima , Djelika , Cissé
The group Benkadi is composed of five married women living for the most part in monogamous families. The women average 35 years of age and 5 children each. They live together in the Rails Ko district of Markala (fourth administrative region of the Republic of Mali), where they know one another through ties of community and friendship. They were knowledgeable of Soro Yiriwaso (a micro-finance institution) following a general assembly held at the town hall of the rural community of Markala that was intended for artisans and small-scale entrepreneurs of the aforementioned town. The women excel in the food sector (restaurants, selling grocery items, etc.)


Concerned with satisfying their customers, they decided to join the Soro Yiriwaso loan program and are now on their fourth solidarity loan (group loan) after having correctly repaid the first three. This loan will be used to buy: two sacks of fresh onions, one basin of fresh tomatoes, two basins of dried okra (a portion in powdered form), two sacks of fonio (a kind of millet), one sack of peanuts for making into djouga (couscous made of fonio and peanuts), two boxes of potatoes to be sold fried or stewed, two sacks of sugar, one sack of ginger, one sack of dried hibiscus flowers, 25 kg of powdered milk, and one box of flavorings for making beverages (ginger and dableni: a drink of hibiscus flower and yoghurt).


Supplies of potatoes, fonio, and peanuts are gotten in Sikasso. As for the goods for making local beverages and the condiments, these are gotten at the Diamarabougou fair. Sales are made to customers composed of men, women, and children, cash or credit accepted, at the house, door-to-door, in eateries, and at the marketplace.


The group members hope to realize an average monthly profit of 43,750 francs CFA for making loan payments and for buying school supplies for the children. Their objective is to have a house for living in.

View original language description ↓
Le groupe Benkadi est composé de cinq femmes mariées vivant majoritairement dans des familles monogamiques avec en moyenne 35 ans et 5 enfants. Elles vivent ensemble dans le quartier Rails Ko de Markala (4ème région administrative de la république du Mali) où elles se sont connues à travers des liens de voisinage et d’amitié.
Elles ont connu Soro Yiriwaso suite à une assemblée générale tenue à la Mairie de la commune rurale de Markala à l’intention des Artisans et petits Entrepreneurs de la dite localité. Elles excellent dans le secteur de l’alimentaire (restauration, fabrication de boisson non alcoolisées, ventes de produits alimentaires etc.).
Dans le souci de satisfaire le besoin de leur clientèle, elles décidèrent d’adhérer au programme crédit de l’institution de microfinance Soro Yiriwaso avec qui elles sont à leur 4ème prêt solidaire (prêt de groupe), après avoir correctement remboursés les trois premiers.
Ce prêt sera utilisé pour acheter 2 sacs d’oignons frais,1 bassine de tomates fraîches, 2 bassines de gombo séché dont une partie est transformée en poudre, 2 cartons de poissons séchés, 2 sacs de fonio,1sac de graines d’arachide transformées en (Djouga : couscous à base de fonio et d’arachide), 2 cartons de pommes de terre vendues sous forme de fritures et de ragoûts ; 2 sacs de sucre, 1sac de gingembre,1sac d’oseille de Guinée, 25 kg de lait en poudre et 1 carton d’essence (arômes) pour la préparation des boissons (gingembre, dableni : jus de feuilles d’oseille de Guinée et yaourt).
Elles se ravitaillent en pomme de terre, fonio et arachide à Sikasso et quant aux produits pour les boissons locales et les condiments à la foire de Diamarabougou. Elles vendent au comptant et à crédit à une clientèle composée d’hommes, de femmes et d’enfants à domicile en ambulant, dans les gargotes et au marché.
Elles espèrent réaliser un bénéfice mensuel moyen de 43 750FCFA qui servira pour le remboursement du prêt et à l’achat des fournitures scolaires des enfants. Leur objectif est d’avoir une maison à usage d’habitation.

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
  • 153
    View loans »
    Mali Loans Fundraising
  • $11,272,850
    Funds lent in using Kiva
  • 480.5
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Benkadi (Entente) Group's $1,325 loan helped a member to buy condiments and essential ingredient for making a local dish (djouga) and local beverages.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 6, 2009
Listed
Apr 1, 2009
Currency Exchange Loss:
Covered
Ended:
Dec 15, 2009