Check out some available loans that are similar to this one!
Benk Group
In this Group: Gnéba , Diatou , Te , Nagnouma, Mariam
The members of the BENK group are all married women who average 30 years of age and three children each. They live in extended traditional conjugal families with their brothers, sisters, co-wives, children, and husbands. They reside in the village of DIOUTIEBOUGOU, in the prefecture of BOUGOUNI, third administrative region of the Republic of Mali. They know one another through family ties.

Having encountered many difficulties in buying condiments for cash from their suppliers, they decided to join the microfinance institution Soro Yiriwaso to bolster their purchasing power in order to pursue their food services and charcoal sales activities. This is their ninth group loan, and all previous loans were correctly repaid.

Mrs. Mariam D. will use her loan to buy 25 bags of charcoal and 10 cartloads of firewood from the coal producers of DIOUTIEBOUGOU. She sells at retail and wholesale, for cash and credit, to a mostly female clientele.

With this loan, the members expect to earn a monthly profit of 25,000 FCFA, which will be used to cover the children’s health care expenses and school fees.
Les femmes du groupe BENK sont toutes mariées et ont une moyenne d’âge de 30 ans et de 3 enfants. Elles vivent dans les familles conjugales élargies traditionnelles avec leurs frères, sœurs, co-épouses, enfants et époux. Elles résident dans le village de DIOUTIEBOUGOU de la préfecture de BOUGOUNI, troisième région administrative de la république du Mali. Ces femmes se sont connues par des relations de parenté. Après avoir rencontré beaucoup de difficultés à acheter des condiments au comptant avec leurs fournisseurs, elles ont décidé d’adhérer à l’institution de micro finance Soro Yiriwaso afin de développer leur pouvoir d’achat et cela pour faire la restauration et le commerce de charbons de bois. Elles sont à leur neuvième prêt de groupe et tous les prêts précédents ont été correctement remboursés. Avec ce prêt ces Mariam D. compte acheter, 25 sacs de charbons de bois et 10 chargements de charrette en bois de chauffe avec les producteurs de charbon de DIOUTIEBOUGOU. Elle revend en détail ou en gros, au comptant et à crédit à une clientèle composée essentiellement de femmes. Avec ce prêt les femmes désirent obtenir un bénéfice mensuel de 25 000 FCFA qui sera utilisé pour soutenir les frais de santé et d’éducation 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
  • 20
    View loans »
    Mali Loans Fundraising
  • $11,391,850
    Funds lent in using Kiva
  • 453.4
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD