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Benkan Group
In this Group: Koumba , Nana , Salimata , Diaba Djénébou , Kadiatou , Fatoumata
All married and living in nuclear families, the 6 women of the Benkan group average 35 years old and have 2 children. They all live in the area of Bagadadji in the town of Segou and know each other from neighborhood, family, and business ties.

They engage in the buying and selling of firewood, incense, perfume, and Bazin [a type of woven fabric]. In an effort to increase their business, the members of the group decided to join Soro Yiriwaso's loan program. This is their first loan together.

Salimata (seated in the yellow shawl) is an incense vender. She plans to use her loan to buy 1kg of magnonkisseni [seeds of a wild plant], 2 bottles of quality perfume, and eau de Cologne. To prepare incense, one soaks magnonkisseni in pure water and eau de Cologne for at least a week and then seasons it with perfume. The resulting incense is then divided into bottles to be sold.

She sells the incense on a retail basis, for cash or credit, from her home and in the Bagadadji market. Her customers are mostly women.

With this loan Salimata hopes to earn a monthly profit of 17,500 francs CFA, which will be used to reinvest in the business and to take care of certain household needs.
View original language description ↓
Mariées toutes dans des familles nucléaires, les six femmes du groupe Benkan ont en moyenne 35 ans et 2 enfants. Elles habitent toutes au quartier Bagadadji dans la ville de Ségou et se sont connues à travers des liens de voisinage, de parenté et de leurs activités génératrices de revenu. Elles font l’achat et la vente du bois de chauffe, d’encens, des parfums et du Bazin.
Dans le souci d’augmenter leurs fonds de commerce, les membres du groupe ont décidé d’intégrer le programme crédit de Soro Yiriwaso avec qui elles sont à leur 1ème cycle de prêt solidaire.
Salimata (première debout en écharpe rougeâtre) est une grande vendeuse d’encens. Elle compte utiliser son prêt pour acheter 1kg de « magnonkissèni », 2 bouteilles de parfums de qualités et d’eau de Cologne. Pour préparer l’encens, on imbibe le magnonkissèni dans l’eau pure et de Cologne pendant une semaine au moins puis on l’assaisonne avec du parfum; L’encens ainsi obtenu est reparti entre les bouteilles pour être vendu. Elle effectue ses ventes en détail au comptant et à crédit à une clientèle composée majoritairement de femmes, à domicile, en ambulant et au marché de Bagadadji. Avec ce prêt, Salimata espère réaliser un bénéfice mensuel moyen de 17.500 FCFA qui sera utilisé pour être réinvesti dans l’activité et 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
  • $11,596,000
    Funds lent in using Kiva
  • 501.0
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD