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Benkan Group
In this Group: Martha , Sanata, Fatoumata, Awa , Assetou
Benkan is a group of women who live in the Hamdallaye district of Koutiala. They know each other well and live in large traditional families with their husbands, children and other relatives. They average 31 years of age, are married and have at least three children each.

The Benkan group buys and sells a variety of products such as condiments, vegetables, soaps, flour, etc. In order to expand their business volumes, the members decided to join Soro Yiriwaso's loan program and are on their eighth group loan.

Martha, who is a member of the group, is on the far right of the photo. She sells a variety of products: condiments, soaps, sugar, tea and smoked fish. She is planning to use her loan to boost her working capital so that she enhance her stock of high quality products. She gets these products in Koutiala and sells them on a retail basis and for cash, at home or at the market, to a diverse customer base.

While the other members of the Benkan group expect to make an average monthly profit each of 120,000FCFA over the cycle, Martha expects to make 145,000FCFA.

Apart from repaying their loans, the group uses part of its income to cover personal expenses and expand their businesses. The women in this group would like to strengthen their partnership with Soro Yiriwaso so that their stocks are not depleted.
View original language description ↓
Benkan est un regroupement de femmes du quartier Hamdallaye de Koutiala qui se connaissent bien et qui vivent dans de grandes familles traditionnelles avec leurs maris, enfants et autres parents. Elles ont en moyenne 31 ans, sont mariées et au moins 3 enfants.
Le groupe Benkan fait le commerce d’articles divers tels que, vente de Condiments, Légumes, Savons, Farines, etc. Pour augmenter la taille de leurs activités, les membres ont décidé d’intégrer le programme crédit de Soro Yiriwaso. Elles sont à leur huitième prêt de groupe solidaire.
Martha est un membre du groupe Benkan, celle qui est la première à droite, est une vendeuse de divers produits, condiments, savons, sucre, thé et poissons fumés. Elle compte utiliser son prêt pour renforcer son fonds de roulement en vue de valoriser ses stocks de produits cités haut. Elle se procure de ces produits à Koutiala et les vend en détail et au comptant à la maison ou au marché à une clientèle diverse.
Tandis que les autres membres du groupe Benkan comptent réaliser un bénéfice moyen de 120.000fFCFA chacune au cours de ce cycle Mme Martha compte réaliser 145 000FCFA.
En plus du remboursement des prêts, le groupe Benkan utilise une partie du revenu pour faire face aux dépenses personnelles et augmenter son fonds de commerce.
Les femmes de ce groupe souhaitent voir renforcer ce partenariat avec Soro Yiriwaso pour que les stocks ne soient pas rares.

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
  • 483.1
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD