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Benkadi Group
In this Group: Rokia , Safi , Awa , Kadiatou
BENKADI is a group of four married women, who are on average 36 years old with four kids, and live in nuclear families. These women live in the Massablacoura neighborhood of Bougouni (in Mali's third administrative region). They got to know each other through business and neighborhood relations.
In order to satisfy their customers and to increase their activity level, they have decided to join micro-finance organization Soro Yiriwaso, with the objective to trade in condiments and cereals, and in Rokia's case, to offer prepared foods. She is the group's president and the second woman from the right, with a yellow scarf.
They are on their eighth group loan; all previous loans have been repaid without difficulty.
With this new loan, Rokia plans on purchasing 100 kilos of rice and some condiments for caterers. She gets her supplies in Bougouni and sells her food on the marketplace in Kola and in Massabla Coura; she also retails from home and accepts cash. Her clientele is composed of men and women.
With this loan, she is counting on a monthly benefit of 40,000 FCFA, a part of which will be used to repay the loan, with the remainder to be reinvested in her expenses.
View original language description ↓
BENKADI est un regroupement quatre femmes mariées, ayant une moyenne d’âge de 36 ans, 4 enfants et vivant dans des familles nucléaires. Ces femmes résident dans le quartier Massablacoura à BOUGOUNI, (troisième région administrative de la république du Mali).
Elles se sont connues par des liens de l’activité 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, de céréales et avec ROKIA faire de la restauration, elle est la présidente du groupe et la deuxième à droite avec son foulard jaune.
Elles sont à leur huitième prêt de groupe et les tous prêts précédents ont été remboursés sans aucune difficulté.
Avec ce nouveau prêt ROKIA, compte acheter 100kg de riz et des condiments alimentaires pour des fins de restauration. Elle s’approvisionne à BOUGOUNI et vend ses mets alimentaires au placer de Kola et à Massabla Coura, à domicile en détail, au comptant à une clientèle composée d’hommes et de femmes.
Avec ce prêt elle compte réaliser un bénéfice mensuel de 40.000 FCFA dont une partie sera utilisée pour rembourser le prêt et le reste sera réinvesti dans les dépenses.

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
  • 35
    View loans »
    Mali Loans Fundraising
  • $11,410,125
    Funds lent in using Kiva
  • 456.3
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD