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Benso Group
In this Group: Aminata , Mama , Wassa , Saran , Pinda
The majority of the members of the Benso group are married women living in monogamous households. They average 41 years of age with five children each and all live in Kanadjiguila in the Mandé commune/Kati circle. They got to know each other as relatives, friends and neighbors. The group members have small businesses selling soap, cups, clothing, condiments and charcoal. They decided to collaborate with Soro Yiriwaso in order to expand their businesses, and they are on their first group loan.

Pinda (who is on the extreme right of the photo) has a good reputation for making and selling soap. She is planning to use her loan to buy barrel of acid paste, 50 kilos of potassium carbonate and 50 kilos of shea butter in Bamako.

In order to make the soap, oneshe has to mix the acid paste with the potassium carbonate and shea butter, then smooth out this mixture for several hours in order to have a thick paste. This paste is left to coagulate in moulds designed specifically for this purpose and then cut into pieces to sell in the market and on a door-to-door basis to a mixed customer base.

With this loan Pinda expects to make an average monthly profit of 110,000FCFA which will be used to reinvest in her business. Her ambition is to make her business durable through her relationship with Soro Yiriwaso.
View original language description ↓
Mariées majoritairement dans des ménages monogamiques, les membres du groupe Benso ont en moyenne 41 ans et 5 enfants. Elles habitent toutes à Kanadjiguila dans la commune du Mandé / cercle de Kati et se sont connues à travers des liens de parenté, d’amitié et de voisinage. Les membres du groupe font le petit commerce du savon, de tasses, d’habits, de condiments et du charbon de bois. Dans le but d’augmenter leurs fonds de commerce, les membres du groupe ont décidé de collaborer avec Soro Yiriwaso et sont à leur 1r cycle de prêt solidaire.
Madame Pinda (à l’extrême droite sur la photo) a une grande réputation dans la dans la fabrication et vente du savon. Elle compte utiliser son prêt pour acheter à Bamako une barrique de pâte d’acide, 50kg de potasse et 50kg de beurre de karité.
Pour faire le savon, on malaxe la pâte d’acide avec la potasse et le beurre de karité, baratine ce mélange pendant plusieurs heures jusqu’à avoir une pâte consistante. On laisse cette pâte se coaguler fortement dans les moules conçues pour cette activité puis on les découpe en morceaux prêts à la vente au marché et en ambulant à une clientèle mixte. Madame Pinda espère réaliser avec ce prêt un bénéfice mensuel moyen de 110 000 FCFA qui sera utilisé, pour être réinvesti dans l’activité. Elle a pour objectif de pérenniser son activité dans cette relation avec Soro Yiriwaso.

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

  • $1,200
    Average annual income
  • 21
    View loans »
    Mali Loans Fundraising
  • $10,282,350
    Funds lent in using Kiva
  • 472.6
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A portion of Benso Group's $2,125 loan helped a member to buy raw materials for making soap.
99% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 18, 2014
Listed
May 7, 2014
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2014