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Benkadi Group
In this Group: Madinè , Djènèbou , Nènè , Tenimba , Assan
The five members of the Benkadi group are mainly married and living in monogamous families. They have an average age of 31 and two children each. They all live in the Darsalam district of Ségou (Mali’s fourth administrative region) and met each other through neighborhood ties, marriage and by belonging to the same traditional association.
The group sells miscellaneous items such as wax cloth, perfume, shoes and cereals (millet, rice and beans).
After four solidarity loans, all repaid in full, they are now on their fifth loan which will be used to buy four bags of rice, 21 pieces of wax cloth, 13 dozen perfumes and 30 pairs of shoes. They get their supplies of rice in Molodo and N’Débougou, and wax cloth, perfume and shoes in Burkina Faso. Their clientele is made up of men and women, and they sell their merchandise at retail prices for cash or credit by walking around the various markets and by going door to door in Ségou.
They hope to make an average monthly profit of CFA 50,000, which they plan to use for healthcare expenses and the children’s school fees.
Their goal is to become wholesalers of cosmetics in Ségou’s main market.
View original language description ↓
Les cinq membres du groupe Benkadi sont mariés majoritairement dans des familles monogamiques avec en moyenne 31ans et 2 enfants. Elles habitent toutes dans le quartier Darsalam de la ville de Ségou (4ème Région administrative du Mali) et se sont connues à travers de liens de voisinage, de mariage et d’appartenance à une même association traditionnelle.
Ce groupe fait le commerce d’articles divers tels les pagnes wax, les parfums, les chaussures, les céréales (mil, riz et haricot) etc.
Après 4 prêts solidaires tous correctement remboursés, elles sont à leur 5 eme prêt qui sera utilisé pour acheter, 4 sacs de riz, 21 pièces de pagne wax, 13 douzaines de parfums et 30 paires de chaussures. Elles se ravitaillent en riz à Molodo et N’Débougou, en pagnes wax, parfums et chaussures au Burkina Faso. Leurs marchandises sont revendues au comptant, en détail et à crédit en ambulant dans les différents marchés et de porte en porte à Ségou à une clientèle composée d’hommes et de femmes.
Elles espèrent réaliser un bénéfice mensuel moyen de 50.000FCFA qu’elles comptent utiliser pour la prise en charge des frais de santé et de la scolarité des enfants.
Elles ont pour ambition de devenir des grossistes dans la vente des produits cosmétiques au grand marché de Ségou.

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

  • $1,100
    Average annual income
  • 30
    View loans »
    Mali Loans Fundraising
  • $11,463,475
    Funds lent in using Kiva
  • 462.9
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD