The six women of the Benkan Group are married, living mostly in monogamous households. They have an average age of 37 years and an average of two children. They all live in the village of Diamberebougou in the region of Ségou (fourth administrative region of Mali). They know one another through ties of vicinity, kinship and their businesses in the village. They are merchants of rice, "condiments" (vegetable-based sauces), soap, and millet. With the goal of increasing their financial capacity, the group decided to work with Soro Yiriwaso, and are on their first group loan cycle.
Minata (shown in the photo seated on the far right) is a restaurateur in the village of Diamberebougou. She intends to use her loan to purchase one sack of rice and vegetables to make sauces for her restaurant. She sells her platters of food at her restaurant and at the market to a mixed clientele. Minata hopes to earn an average monthly income of 10,000 Francs CFA with the help of this loan, which she will use to pay for her children's daily needs.
Les six femmes du groupe Benkan sont mariées majoritairement dans des ménages monogamiques. Elles ont en moyenne 37 ans et 2 enfants. Elles habitent toutes dans le village de Diamberebougou dans la région de Ségou (4ème Région administrative du Mali). Elles se sont connues à travers des liens de voisinage, de parenté et de leurs activités génératrices de revenu dans le village. Elles font le petit commerce du riz, de condiments, de savon et de mil. Dans le but d’augmenter leurs fonds de commerce, les membres du groupe ont décidé de collaborer avec Soro Yiriwaso et sont à leur 1er cycle du prêt solidaire. Madame Minata (1ère femme assise à droite dans la photo) est une grande restauratrice dans le village de Diamberebougou. Elle compte utiliser son prêt pour acheter un sac de riz et des condiments pour sa restauration. La vente des plats alimentaires se fait au comptant au restaurant et au marché à une clientèle mixe. Madame Minata espère réaliser un bénéfice mensuel moyen de 10000FCFA avec ce prêt, qui sera utilisé dans les petits entretiens des enfants.
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.