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Benkan Group
In this Group: Assan , Afou , Maimouna , Maimouna
The Benkan group is made up of four married women, the majority of whom live in traditional families, and they average 32 years of age with two children each. They all live in the town of Sikasso (Mali's third administrative region) and got to know each other through relatives, neighbors and marriage.

The group members have small businesses selling ginger, "pagnes wax" (brightly coloured and highly decorative pieces of fabric), groundnut paste and incense. In order to increase their business, they joined Soro Yiriwaso and are now on their third group loan.

Maimouna, sitting at the back in the middle of the photo, is the one who sells "pagnes wax" in the group. She is planning to use her loan to buy five sets of "pagnes wax" of varying qualities. She gets her supplies from wholesalers and sells on a retail basis, for cash and on credit, at home and in the market, to a mixed customer base. Maimouna expects to make and average monthly profit of 20,000FCFA with this loan and she will use it to reinvest in her business and help her husband out with some of the family expenses.
View original language description ↓
Composé de 4 femmes mariées, les membres de groupe Benkan vivent majoritairement dans des familles traditionnelles avec une moyenne d’âge de 32 ans et 2 enfants. Elles habitent toutes dans la ville de Sikasso (3ème Région administrative du Mali) et se sont connues à travers des liens de parenté, de voisinage et de mariage.
Les membres du groupe font le petit commerce, de gingembre, pagnes wax, de pâte d’arachide et d’encens.
Dans le but d’augmenter leurs fonds de commerce, les membres du groupe ont intégrés Soro Yiriwaso et sont à leur 3ème cycle de prêt solidaire.
Madame MAIMOUNA en arrière (assise au milieu sur la photo) est la vendeuse de pagnes wax du groupe. Elle compte utiliser son prêt pour acheter, 5 pièces de pagnes wax de qualité différente.
Elle s’approvisionne auprès des grossistes et effectue ses ventes en détail, au comptant et à crédit, à domicile et au marché, à une clientèle mixte.
Madame MAIMOUNA compte réaliser avec ce prêt un bénéfice mensuel moyen de 20.000 FCFA qui sera utilisé, pour être réinvesti dans l’activité et aider son mari dans certaines dépenses familiales.

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
  • 14
    View loans »
    Mali Loans Fundraising
  • $11,520,875
    Funds lent in using Kiva
  • 502.8
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD