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Benkadi (L’Unité) Group
In this Group: Oumou , Awa , Kadiatou , Massitan , Oumou
The group Benkadi of the association Djekafo is composed of five married women who average 35 years of age and 3 children each. They live in large traditional extended families in the Hamdallaye district of the city of Koutiala (Sikasso Region, Republic of Mali). They know one another through community ties and do almost the same work selling clothing of all kinds (for men, women, and children) and fruit and vegetables.

In order to satisfy the needs of their ever-growing customer base, the group members decided to join the micro-finance institution Soro Yiriwaso and are now on their ninth solidarity loan (group loan). All the preceding loans have been correctly repaid.

The members intend to use this loan to buy vegetables and novel items (in-style clothing) in order to satisfy their ever-demanding customers. Supplies of damask fabrics are gotten in Bamako (capital of Mali); embroidery, from Lomé (capital of togo); light weight fabrics for men, from Burkina Faso. As for the vegetables, they are gotten on an ongoing basis at the Sikasso market as they are sold. The clothing is sold in and around the city of Koutiala, where the group members have loyal customers.

They each hope to realize an average monthly profit of 155,000 francs CFA in the course of this cycle. The profits will be used to make loan interest payments, to provide for the extended family, and to invest the rest in their commerce by expanding their enterprise with the opening of a clothing shop.

View original language description ↓
Le groupe Benkadi de l’association Djekafo est composé de cinq femmes toutes mariées, qui ont une moyenne d’âge de 35 ans et 3 enfants vivant dans des grandes familles traditionnelles élargies au quartier Hamdallaye de la ville de Koutiala (Région de Sikasso, République du Mali).
Elles se sont connues à travers des liens de voisinage. Elles exercent presque la même activité de vente d’habillement de toutes sortes (pour homme, femme et enfant) et des fruits et légumes.
Afin de satisfaire le besoin de sa clientèle qui ne cesse d’augmenter, le groupe Benkadi a décidé d’intégrer l’institution de microfinance Soro Yiriwaso avec laquelle il est à son neuvième prêt solidaire (prêt de groupe). Tous les prêts précédents ont été correctement remboursés.
Elles comptent utiliser ce prêt pour acheter, des légumes et des nouveautés (habits qui sont à la mode) pour satisfaire sa clientèle qui ne cesse de les solliciter.
Elles s’approvisionnent en bazin à Bamako (capitale du Mali), les brodés viennent de Lomé (la capitale Togolaise) les tissus légers pour homme du Burkina faso. Quant aux légumes, ils sont achetés au marché de Sikasso au fur et à mesure qu’ils sont vendus. Les habits sont vendus dans la ville de Koutiala et environnants où elles ont des clients fidèles.
Elles espèrent réaliser chacune un bénéfice moyen de 155 000 FCFA au cours de ce cycle qui sera utilisé pour rembourser les intérêts du prêt, subvenir au besoin de la famille élargie et investir le reste dans les activités. Elles ont pour ambition de diversifier leur commerce en élargissant leur entreprise avec l’ouverture d’une boutique de vente d’habits.

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
  • 32
    View loans »
    Mali Loans Fundraising
  • $11,460,850
    Funds lent in using Kiva
  • 481.6
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD