Check out some available loans that are similar to this one!
Benkan Group
In this Group: Bata , Fanta , Oumou , Mama
The women of the Benkan group, all married, are on average 44 years old with three children each, and all live in large traditional families in the village of Marka-Coungo, a sub-prefecture of Fana, in the region of Koulikoro (the second administrative region of the Republic of Mali). They have known each other as fellow parents, neighbors, and friends. They sell clothing, cakes, and milk.

The women of the Benkan group are requesting their seventh group loan, which will be used to purchase fine fabrics, flour, and milk.

Bata D., the president of the group, intends to purchase 100 lengths of fabric from the wholesale dealers at the market in Bamako nearly every month. She resells them in the market and out of her home, for cash or credit, to a clientele made up of women and men. She foresees earning a monthly profit of 30,000 FCFA which she will use to pay their loan installments, in part to assume health and food expenses, to cover school fees, and the remainder will be reinvested in the business.
View original language description ↓
Les femmes du groupe Benkan, toutes mariées, ont en moyenne 44 ans, 3 enfants et vivent toutes dans des familles traditionnelles élargies dans le village de Marka-Coungo, sous préfecture de Fana ; Région de Koulikoro (deuxième région administrative de la république du Mali).
Elles se sont connues à travers des liens de parenté, de voisinage et d’amitiés. Elles font le commerce des habits, de gâteaux et du lait.
Les femmes du groupe Benkan sont à leur septième prêt solidaire qui sera utilisé pour acheter des pagnes wax, de la farine de blé et du lait.
BATA D., la présidente du groupe, compte acheter 100 pièces de pagnes wax avec les grossistes au marché de Bamako presque chaque mois. Elle revend au marché et à domicile, au comptant et à crédit, à une clientèle composée de femmes et d’hommes.
Elle envisage réaliser un bénéfice moyen mensuel de 30 000F CFA qui sera utilisé pour payer les échéances du prêt, une partie pour prendre en charge les dépenses relatives à la santé, à la nourriture, aux frais scolaires et le reste sera réinvesti 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
  • 1
    View loans »
    Mali Loans Fundraising
  • $11,596,075
    Funds lent in using Kiva
  • 478.7
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD