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Benso Group
In this Group: Mariam , Fatoumata , Ramata , Ami
The members of the BENSO group (four married women) are, on average, 35 years old and have four children. They live in traditional families in N’tentou, a district of the city of Ouelessebougou (second administrative region of the Republic of Mali).

They are on their ninth joint loan with the microfinance institution Yiriwaso because they want to be able to meet the demands of their clientele. This group of women deals in various articles: incense, pagnes (brightly colored cloth used for clothing) cosmetics, and light food service (sweets, fried foods). Mariam B., the leader of the group, buys and sells Wax and tinted pagnes.

With her loan, she plans to buy 40 Wax pagnes. She gets her supplies at the main market in Bamako from wholesalers. The pagnes are sold at the market at Ouelessebougou and door to door, to a clientele of men and women, at retail for cash and on credit.

She foresees making an average monthly profit of 50,000 CFA, a part of which will be used to help her husband with daily expenses and the rest will be invested in her business.
View original language description ↓
Les membres du groupe BENSO (4 femmes mariées) ont une moyenne d’âge de 35 ans et ont en moyenne 4 enfants. Elles vivent dans des familles traditionnelles à N’TENTOU, un des quartiers de la ville de OUELESSEBOUGOU (2ème région administrative de la république du Mali).
Elles sont à leur neuvième collaboration avec l’institution de microfinance Soro Yiriwaso afin de satisfaire le besoin de leur clientèle. Ce groupe de femmes fait le commerce d’articles divers : encens, pagnes, cosmétiques et la petite restauration (avec les friandises, les fritures de pâtes de céréales). MARIAM B., la présidente du groupe fait l’achat et la vente de pagnes wax et teintés.
Elle compte acheter avec son prêt, 40 pièces de pagnes wax. Elle s’approvisionne au grand marché de BAMAKO auprès des grossistes.
Les pagnes sont vendus au marché de OUELESSEBOUGOU et à domicile, à une clientèle composée d’hommes et de femmes, en détail, au comptant et à crédit.
Elle envisage réaliser un bénéfice mensuel moyen de 50.000FCFA dont une partie sera utilisée pour l’appui de son mari dans les dépenses quotidiennes et l’autre partie sera investie dans les activités.

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
  • 13
    View loans »
    Mali Loans Fundraising
  • $11,524,125
    Funds lent in using Kiva
  • 482.4
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD