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Benkola  (Soyons D’Accord) Group
In this Group: Assetou, Ramata , Oumou , Kadia , Mariam , Fanta , Assan
Benkola is a group of women in the Koko district of Koutiala who live in large traditional families. They are all married and on average are 40 years old with 5 children. This group of women sell various items such as clothing, grains, vegetables, and all sorts of condiments etc. In order to increase the size of their businesses, the group members decided to join the Soro Yiriwaso loan program two years ago. This is their fourth group loan and all previous loans have been fully repaid. Ramata Koné is a member of the Benkola group who sells all kinds of clothing made from damasks, wax pagnes (a wax-dyed fabric) and bogolans (hand-dyed fabric). She plans to use her loan to buy pieces of damask and wax pagne in Bamako and some fabrics in Bobo Dioulasso. She sells these items wholesale or retail, for credit and cash, at the Koutiala Grand Market to a diverse and varied clientele.
While the other members of the Benkola group hope to make an average profit of 140,000 CFA each during this cycle, Ramata Koné hopes to make 160,000 CFA. In addition to repaying the loans, they will use part of their income to provide for their families’ everyday expenses.They want to see this partnership with Soro Yiriwaso strengthened so that their stock doesn't become scarce.
View original language description ↓
Benkola est un regroupement de femmes quartier Koko de la ville de Koutiala qui vivent dans de grandes familles traditionnelles. Elles ont en moyenne 40 ans, sont toutes mariées et sont mères en moyenne de 5 enfants.
Ce groupe de femmes fait le commerce d’articles divers tels, les habillements, les céréales les légumes, les condiments de toutes sortes etc.
Pour augmenter la taille de leurs activités, les membres ont décidé d’intégrer le programme crédit de Soro Yiriwaso il y a 2 ans. Elles sont à leur quatrième prêt de groupe et tous les prêts précédents ont été bien remboursés.
Ramata Koné est un membre du groupe Benkola qui vend des habillements de toutes sortes : bazins, pagnes wax et des bogolans.
Elle compte utiliser son prêt pour acheter, des pièces de bazins et pagnes wax à Bamako et des tissus à Bobo Dioulasso. Elle vend ces articles en gros, en détail, à crédit et au comptant, au grand marché de Koutiala, à une clientèle diverse et variée.
Tandis que les autres membres du groupe Benkola comptent réaliser un bénéfice moyen de 140 000FCFA chacune au cours de ce cycle, Ramata Koné, compte réaliser 160 000FCFA.
En plus du remboursement des prêts, elles utilisent une partie du revenu pour faire face aux dépenses courantes de la famille.
Elles souhaitent voir renforcée ce partenariat avec Soro Yiriwaso pour que les stocks ne soient pas rares.

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
  • 5
    View loans »
    Mali Loans Fundraising
  • $11,609,175
    Funds lent in using Kiva
  • 466.1
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD