Check out some available loans that are similar to this one!
Benkan Group
In this Group: Awa , Mai , Djelika , Djeneba , Minata , Mariam
Benkan is a group of women from Koutiala Koulikoro who live in large traditional families with their husbands, children, and other parents. The women are, on average, 34 years old and have at least three children.

This group sells various goods, especially ointments, clothing, donuts, glasses, coolers, etc. To increase the size of their businesses, the group members decided to integrate into Soro Yiriwaso's loan program for the first time.

Awa, the first person standing on the right in the photo, sells glasses, milk, coolers, etc. She plans to use her loan to buy filled milk jugs, stainless steel cups, and coolers in Koutiala and surrounds, which she will sell at retail in a market to a mixed clientele.

While the other members of the Benkan group hopes to earn an average profit of 95,000 francs CFA for each cycle, Awa hopes to earn a 100,000 francs CFA. In addition to repaying the loan, she will use a part of her profits to support her personal needs and to increase her business funds. She hopes to strengthen her partnership with Soro Yiriwaso so that she never has to run out of stock.
View original language description ↓
Benkan est un regroupement de femmes de Koutiala Koulikoro vivent dans de grandes familles traditionnelles avec leurs maris, enfants et autres parents. Elles ont en moyenne 34 ans et ont au moins 3 enfants.
Ce groupe de femmes fait le commerce d’articles divers tels que des Pommades, Habits, Beignet, Tasses, Glacière etc. Pour augmenter la taille de leurs activités, les membres ont décidé d’intégrer le programme crédit de Soro Yiriwaso pour la première.
Awa, 1 ère debout de la droite vers la gauche est une vendeuse de tasses, Lait, Glacières etc. Elle compte utiliser son prêt pour acheter de bidons remplis de lait, Tasses inox et glacières à Koutiala et ailleurs, elle les vend en détail au marché à une clientèle diverse.
Tandis que les autres membres du groupe Benkan comptent réaliser un bénéfice moyen de 95 000CFA chacune au cours de ce cycle Mme Awa compte réaliser 100 000FCFA.
En plus du remboursement des prêts, elles utilisent une partie du revenu pour faire face aux dépenses personnelles et augmenter son fonds de commerce.
Elles 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
  • 33
    View loans »
    Mali Loans Fundraising
  • $11,450,100
    Funds lent in using Kiva
  • 477.5
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD