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Benkadi Group
In this Group: Assan , Rokia , Korotoumou, Habi , Aminata , Awa
The group Benkadi consists of six women, all of whom are married, and who have a mean age of 28 years and and average of three children. They live in traditional extended families with their husbands, cowives, brothers and sons. They live in the Hérémakono Nord district of the city Bougouni. They are linked through ties of vicinity, friendship and commerce. In order to strengthen their financial capacity and with the goal of improving their businesses, they joined the microfinance institution Soro Yiriwaso and are currently on their second loan cycle. The previous loan was paid in full. This group of women are merchants of used clothing and grain.

Assan, the group's president, is shown standing on the far left in the photo. She is a merchant who deals in used clothing and all types of grain. With her portion of the loan, she plans to purchase three parcels of used clothing from merchants in Bamako. Assan does business at the market and from her home, where she retails her goods for cash and on credit to a clientele composed mainly of women. Assan expects to make an average monthly income of 32,500 FCFA, which she will use to reinvest in her business as well as repay her loan.
View original language description ↓
Le groupe BENKADI est constitué de six femmes toutes mariées ayant une moyenne d’âge de 28 ans et 3 enfants. Elles vivent dans des familles traditionnelles élargies avec leurs maris, coépouses, frères et fils dans le quartier HEREMAKONO NORD de la ville de Bougouni.
Elles se sont connues à travers des liens de voisinage, d’amitié et de commerce. Pour renforcer leur capacité financière afin de mieux faire leur commerce, elles ont adhéré à l’institution de microfinance Soro Yiriwaso avec laquelle elles sont à leur deuxième prêt. Le précédent prêt a été correctement remboursé. Ce groupe de femmes fait le commerce de friperies et de céréales.
ASSAN, qui est la présidente du groupe est la première femme dans la photo de la gauche vers la droite. Elle fait l’achat vente des habits et des grains toutes sortes et compte acheter avec son prêt, 3 colis de friperie avec les commerçants de Bamako. Elle effectue ses ventes au marché et à domicile, en détail au comptant et à crédit à une clientèle composée essentiellement de femmes.
Elle envisage réaliser un bénéfice mensuel moyen de 32 500FCFA qui sera investi dans les activités et rembourser le prêt.

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
  • 2
    View loans »
    Mali Loans Fundraising
  • $11,596,075
    Funds lent in using Kiva
  • 512.6
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD