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Benkadi Group
In this Group: Kadia Alou , Sitan , Bassira , Aminata Chaka
Married and mainly living in monogamous family environments, the 4 women of the Benkadi group have an average age of 39 and, on average, 4 children. They all live in the village of Cinzana Gare, the main town of a rural commune in the Ségou region (4th administrative region of Mali), and got to know each other thanks to neighbourly and family relationships, and marriage. They buy and sell condiments (peppers and sumbala, a condiment made from néré seeds), wax cloth pagnes (highly colourful and decorative West African clothing) and plastic utensils. The members of the group decided to work with Soro Yiriwaso in order to increase their business and are on their 4th group loan cycle.

Sitan (the woman standing first on the left in the picture) is a large seller of all sorts of condiments in the village of Cinzare Gare. She plans to use her loan to buy 200 kgs of peppers and 1000 patties of sumbala wholesale, together with the stall holders from the surrounding villages, at the Médine market of Ségou. She makes her sales for cash or credit from her home and at the village market to a customer base mainly composed of women. Sitan hopes to make an average monthly profit of 47 000 francs with the help of this loan, which will be reinvested in her business and used to take care of the health care of the children in the household.
Mariées majoritairement dans des familles monogamiques, les quatre femmes du groupe Benkadi ont en moyenne 39 ans et 4 enfants. Elles habitent toutes dans le village de Cinzana Gare chef lieu de commune rurale dans la région de Ségou (4ème Région administrative du Mali) et se sont connues à travers des liens de voisinage, de parenté et de mariage. Elles font l’achat et la vente des condiments (Piments et Sounbala), pagnes wax et ustensiles en plastiques.
Dans le but d’augmenter leurs fonds de commerce, les membres du groupe ont décidé de collaborer avec Soro Yiriwaso et sont à leur 4ème cycle de prêt solidaire.
Madame Sitan (femme debout à l’extrême gauche sur la photo) est une grande vendeuse de condiments de toutes sortes dans le village de Cinzana Gare. Elle compte utiliser son prêt pour acheter 200kg de piment et 1000 morceaux de Sounbala en gros avec les foraines des villages environnants de Ségou au marché Médine. La revente se fait au comptant, à crédit, à domicile et à la foire du village à une clientèle composée majoritairement de femmes. Madame Sitan espère trouver un bénéfice mensuel moyen de 47.000 FCFA avec ce prêt, qui sera utilisé, pour être réinvesti dans l’activité et assurer les soins de santé des enfants 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
  • 481.3
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD