Check out some available loans that are similar to this one!
Benso. Group
In this Group: Ami , Fatoumata , Kadiatou , Maïmouna
The members of the Benso group are for the most part married women. On average they are 32 years old, have three children and live in monogamous families in the Noumousso neighborhood of Kadiolo, in the third administrative region of Mali.

They work with the Soro Yiriwaso MFI to satisfy their customer needs and are requesting a fifth group loan, all preceding loans having been reimbursed in full. They retail clothes, shea butter, ginger, incense, produce non-alcoholic beverages, etc.

With their new loan they want to buy three dozen sets of children’s clothes, 85 kilos of shea butter, 20 kilos of sugar, 5 sorts of incense, 3 kilos of tamarind, 10 packages of plastic bags. They get their supplies from the main market in Kadiolo and from neighboring villages. They resell in the market, as itinerant vendors or by home delivery, for cash but often on credit, to a customer base of both men and women.

They hope to reach an average monthly income of 22,500 FCFA each, of which part will go into savings and answer family needs, and the remainder will be reinvested in the business activities. They are counting on an increase in their working capital to better satisfy customer demand and to set up a stall for their sales activities.
View original language description ↓
Les membres du groupe Benso sont essentiellement de femmes mariées ayant en moyenne 32 ans, 3 enfants et vivant dans des familles monogames à Noumousso, un des quartiers de la ville de Kadiolo, 3ème région administrative du Mali.
Elles collaborent avec l’institution de microfinance Soro Yiriwaso afin de satisfaire le besoin de leur clientèle et sont à leur cinquième prêt solidaire, tous les précédents se sont bien dénoués.
Elles font la la vente d’habits, de beurre de karité, de gingembre, la fabrication des boissons non alcoolisées, d’encens etc.
Avec leur nouveau prêt, elles comptent acheter, 3 douzaines d’habits pour enfants, 85kg de beurre de karité, 20kg de sucre, 5 types d’encens, 3kg de tamarin, 10 paquets de sachet en plastique.
Elles s’approvisionnent au grand marché de Kadiolo ville et dans les villages avoisinants. Elles vendent au marché, à domicile et de façon ambulante, au comptant souvent à crédit à une clientèle composée d’hommes et de femmes.
Elles envisagent réaliser chacune un bénéfice mensuel de 22.500 FCFA dont une partie sera utilisée pour l’épargne et les besoins de la famille, l’autre partie sera investie dans les activités.
Elles comptent avoir plus de capitaux pour mieux satisfaire leurs clientèles et pouvoir aménager un coin de vente.

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
  • 8
    View loans »
    Mali Loans Fundraising
  • $11,612,200
    Funds lent in using Kiva
  • 481.6
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD