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Benkadi Group
In this Group: Rokia , Safi , Awa , Kadiatou
Benkadi Group ("Harmony") is composed of married women, who on average are 34 years old and have four children. They live with their children and husbands in nuclear families in Massablacoura, a neighborhood in the city of Bougouni (third administrative region of Mali). They came to know each other through ties of kinship and neighborhood.

Faced with the need to increase their working capital to satisfy their clientele and boost their activity level, the group members decided to join the microfinance institution Soro Yiriwaso. They need the loans to finance their activities, namely selling food condiments and cereals (Rokia D.). This is their seventh group loan. All their previous loans have been repaid on schedule.

Mrs Rokia D. intends to use her new loan to buy 2 sacks of 100 kilograms of corn, 1 sack of 100 kilograms of small millet and 3 sacks of 50 kilograms of smoked rice. She gets her supplies from farmers in nearby villages and retails at the great market in Bougouni, for cash or credit, to a clientele made up of men and women.

Thanks to this loan, she expects to make an average profit of 20,000 CFA francs a month. She will use part of it to repay her loan and the remaining amount will be reinvested in her business.
View original language description ↓
Le groupe BENKADI est composé de femmes toutes mariées, ayant une moyenne d’âge de 34 ans et 4 enfants. Elles vivent dans des familles conjugales nucléaire avec leurs enfants et époux. Ces femmes résident à dans le quartier Massablacoura à BOUGOUNI, (troisième région administrative de la république du Mali).
Elles se sont connues par des liens de parenté et de voisinage.
Dans le souci de satisfaire leurs clientèles et augmenter le niveau de leur activité, elles ont décidé d’intégrer l’institution de microfinance Soro Yiriwaso et cela pour faire le commerce de condiments et de céréales avec Rokia D..
Elles sont à leur septième prêt de groupe et tous les prêts précédents ont été remboursés correctement.
Avec ce nouveau prêt Rokia D., compte acheter, 2 sacs de 100kg de Maïs, 1 sacs de 100kg de petit mil, 3 sacs de 50 kg de Riz fumé.
Elle s’approvisionne au niveau cultivateur dans des villages environnants pour les revendre au grand marché de BOUGOUNI en détail, au comptant et à crédit à une clientèle composée d’hommes et de femmes.
Avec ce prêt elle compte réaliser un bénéfice mensuel de 20.000 FCFA dont une partie sera utilisée pour rembourser le prêt et le reste sera réinvesti dans l’entreprise.

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
  • 27
    View loans »
    Mali Loans Fundraising
  • $11,465,250
    Funds lent in using Kiva
  • 482.7
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD