Check out some available loans that are similar to this one!
Benkadi Group
In this Group: Fanta , Awa , Mayon , Djenebou
All married in polygamous families, the four women in the Benkadi group are 34 years old on average and have an average of 5 children each. They all live in the Dougounina neighbourhood of Bougouni and are neighbours, relatives and business associates.

They buy and sell various products such as onions, like the group leader Fanta, condiments, fruit juice and cereals.

The members of the group joined Soro Yiriwaso in order to increase their business funds. This is their ninth solidarity loan. The eight previous loans have all been repaid correctly.

Fanta (pictured 3rd from the left) sells onions of all qualities and is much sought-after in Bougouni. She will use her loan to buy 20 bags of shallots from Sikasso wholesalers. Her customers include both men and women, and they pay cash or buy on credit.

With this loan, Fanta hopes to make 95 000 CFA francs on average, part of which will be reinvested in the business and part of which will help her husband to meet household expenses.
View original language description ↓
Toutes mariées dans des familles polygames les 4 femmes du groupe Benkadi ont en moyenne 34 ans et 5 enfants. Elles habitent toutes dans le quartier Dougounina de la ville de Bougouni et se sont connues à travers des liens de voisinage, de parenté et de leurs activités professionnelles.
Elles font l’achat et la vente des oignons à l’image de la présidente du groupe Fanta, des condiments alimentaires, des jus de fruits et des céréales.
Dans le but d’augmenter leurs fonds de commerce, les membres du groupe ont intégré Soro Yiriwaso et sont à leur 9 eme prêt solidaire. Les huit précédents ont été correctement remboursés
Madame, Fanta (3eme femme gauche vers la droite sur la photo) est la vendeuse d’oignons de toutes qualités et qui est très appréciée et sollicitée à Bougouni. Elle compte utiliser son prêt pour acheter, 20 sacs d’échalotes auprès des grossistes venant de Sikasso. Elle effectue ses ventes au comptant, en détail et à crédit à une clientèle composée essentiellement de femmes.
Avec ce prêt, Madame Fanta espère réaliser un bénéfice mensuel moyen de 95.000 FCFA qui sera utilisé pour être réinvesti dans l’activité et aider son mari à prendre en charge certains besoins du foyer.

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
  • 3
    View loans »
    Mali Loans Fundraising
  • $11,596,050
    Funds lent in using Kiva
  • 496.8
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD