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Benkadi Group
In this Group: Bayo , Tina , Oumou , Binta , Sali
The Benkadi group is composed of 2 widows and 3 married women, who average 36 years old and have, on average, four children. They live in traditional families in the Massablacoura neighborhood in the town of Bougouni. They know each other from neighborhood, friendship, and business ties.

To increase their financial capacity in order to better conduct their business, they joined the micro-finance institution Soro Yiriwaso, with whom they are on their second loan. The previous loan was repaid on time.

This group of women are in the restaurant business and in the selling of cereals.

Bayo, who is the president of the group, is the women seated in the photo. She sells cereals. With her loan, she hopes to buy two 100 kilogram sacs of fonio [a type of millet] from the wholesalers in Bougouni. She makes her sales at a market and from home, in cash and credit to customers, who are women and men. She hopes to earn an average monthly profit of 35,000 francs CFA, which will be invested in their businesses and to repay the loan.
View original language description ↓
Le groupe BENKADI est constitué de 2 femmes veuves et 3 mariées ayant une moyenne d’âge de 36 ans et 4 enfants. Elles vivent dans des familles traditionnelles dans le quartier Massablacoura 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 la restauration et la vente de céréales.
BAYO, qui est la présidente du groupe est la femme assise dans la photo. Elle fait l’achat et vente de céréales et compte acheter avec son prêt, 2 sacs de 100 kg de fonio avec les grossistes de Bougouni. Elle effectue ses ventes au marché et à domicile, en détail au comptant et à crédit à une clientèle composée de femmes et d’hommes.
Elle envisage réaliser un bénéfice mensuel moyen de 35.000FCFA 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
  • 5
    View loans »
    Mali Loans Fundraising
  • $11,609,175
    Funds lent in using Kiva
  • 503.1
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD