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Benkadi Group
In this Group: Djeneba , Abi , Assetou , Fatoumata, Mariam , Alima , Lala
The members of the Benkadi group are married women with an average age of 32 years and have an average of 3 children each. They mostly live in monogamous families in the Bougoula neighborhood, one of the surrounding neighborhoods of the city of Sikasso in the third administrative region of Mali. They are on their thirteenth loan with the microfinance organization Soro Yiriwaso, in the hope of meeting the needs of their customers.

Assetou is in the business of selling "pagne" cloth (the traditional colorful cloth of western Africa) in this group of women. She is pictured standing, third from left to right, in the photo. She plans to use her loan to purchase 50 pieces of wax "pagne" cloth. She sells her items at the big market and from her home. She sells for cash to a customer base made up of men and women. Assetou hopes to earn an average monthly profit of 85,000 francs CFA, a portion of which she will use to repay the loan and its interest, and the rest she will put into savings.
View original language description ↓
Les membres du groupe BENKADI sont essentiellement de femmes mariées avec une moyenne d’âge de 32 ans, et ont en moyenne 3 enfants. Elles vivent la plupart dans des familles monogamiques au quartier Bougoula hameau un des quartiers périphérique de la ville de Sikasso 3ème région administrative du Mali.
Elles sont à leur treizième prêt avec l’institution de micro finance Soro Yiriwaso, dans le souci de satisfaire le besoin de leur clientèle.
Mme ASSETOU fait la vente de pagnes wax dans ce groupe de femmes. Elle est la troisième position debout de la gauche vers la droite sur la photo.
Elle compte acheter avec son prêt 50 pièces de pagnes wax. Elle vend ses articles au grand marché et à la maison. Elle vend au comptant à une clientèle constituée de femmes et d’homme.
Elle envisage réaliser un bénéfice mensuel moyen de 85 000 francs CFA dont une partie est utilisée pour payer le prêt et son interêt et l’autre pour son épargne .

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.

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About Mali

  • $1,100
    Average annual income
  • 32
    View loans »
    Mali Loans Fundraising
  • $11,450,075
    Funds lent in using Kiva
  • 475.5
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD