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Bendiya Group
In this Group: Diakassan , Kadia , Fanta , Haby
The members of the BENDIYA solidarity group are married women who average 49 years of age and four children each. They live with their husbands and children in nuclear families in Sido, prefecture of Bougouni (third administrative region of the Republic of Mali). They came together as neighbors, through their business activities, and through ties of kinship.

In order to satisfy customer demand and expand their businesses, they joined the loan program of the Soro Yiriwaso microfinance institution. They use their loans to buy cereals (Fanta S.’s activity), condiments and cooking ingredients.

With this new loan, Fanta S. plans to buy five 50 kg sacks of smoked rice, two 100 kg sacks of maize, and two 100 kg sacks of millet. She gets her stocks from farmers in the surrounding villages and conducts her retail sales from the shop in her home, for cash and credit, to a customer base consisting of both men and women.

She expects to earn a monthly profit of 40,000 FCFA part of which will be reinvested in her business, the other portion to be used for her children’s medical expenses.
Les membres du groupe BENDIYA sont des femmes mariées ayant en moyenne 49 ans, 4 enfants et vivant avec leurs époux et enfants dans des familles nucléaires à Sido préfecture de Bougouni (troisième région administrative de la république du Mali). Elles se sont rencontrées à travers des relations de parenté, de commerce et de voisinage.
Dans le souci de satisfaire leurs clientèles et d’augmenter la taille de leurs entreprises, elles ont décidé d’adhérer au programme de crédit de l’institution de microfinance Soro Yiriwaso. Elles achètent avec les prêts des céréales (tel Fanta SINAYOGO), des condiments alimentaires et des ingrédients pour faire de la restauration.
Avec ce nouveau prêt Fanta S., compte acheter, 5 sacs de 50 kg de riz fumé, 2 sacs de 100 kg de maïs et 2 sacs de 100 kg de petit mil.
Elle s’approvisionne dans les villages environnants au niveau des cultivateurs pour en suite revendre dans son magasin à son domicile en détail au comptant et à crédit à une clientèle composée de femmes et d’hommes.
Avec ce prêt elles compte réaliser un bénéfice mensuel de 40.000 FCFA dont une partie sera réinvesti dans son entreprise et l’autre partie sera utilisée pour des frais de santé des enfants.

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
  • 39
    View loans »
    Mali Loans Fundraising
  • $11,450,100
    Funds lent in using Kiva
  • 473.3
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD