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Benkadi (L’Unité) Group
In this Group: Aminata , Boré , Bintou , Sabré, Djeneba
The Benkadi group from the Peyro association is made up of five women from Téné village (Ségou region) who know each other well as they are in the same business. They have an average age of 43; they are married and have at least four children each. They live in polygamous homes.

They buy and sell fakoye and tchapalo. Fakoye is a leaf-based condiment highly sought after by an ethnic group, the Sonrals, from the north of Mali and tchapalo is a local alcoholic beverage made from millet.

The group members joined the Soro Yiriwaso credit program three years ago to strengthen their business funds. The loan amounts have gone from 50,000 FCFA for the first loan to 150,000 FCFA for the fifth group loan.

This current loan will be used to buy sacks of fakoye that will be resold in Gao (the seventh region of Mali) and sacks of millet that will be turned into tchapalo and sold from home. This operation of transforming millet into tchapalo is a skill handed down from generation to generation by the Bobo women.

With this new loan they each expect to make a profit of 170,000 FCFA for the loan cycle, which will be used to repay the loan interest and handle everyday family expenses.
Benkadi de l’association Peyro est un regroupement de cinq femmes du village de Téné (région de Ségou) qui se connaissent bien car pratiquent la même activité. Elles ont une moyenne d’âge de 43 ans, mariées et mères d’au moins 4 enfants, vivant dans des foyers polygames.
Elles mènent des activités d’achat et de vente de fakoye et de tchapalo. Le fakoye est un condiment a base de feuille très appréciées par une ethnie au nord du Mali les Sonrals et le tchapalo est une boisson locale alcoolisée à base de mil.
Les membres ont intégré le programme crédit de Soro Yiriwaso depuis trois ans pour étoffer leur fonds de commerce. Le montant du prêt est passé de 50.000 FCFA au premier prêt à 150 000 FCFA pour le cinquième prêt solidaire.
Le prêt actuel sera utilisé pour acheter des sacs de fakoye qui seront revendus à Gao (septième région du Mali) et des sacs de mil qui seront transformés en tchapalo et vendu à la maison. Cette activité de transformation de mil en tchapalo qui est une somme de connaissances qui sont transmises de génération en génération par les femmes Bobo.
Avec ce nouveau prêt, elles comptent réaliser chacune 170 000 FCFA. de bénéfice au cours du cycle qui sera utilisé pour rembourser les intérêts du prêt et faire face aux dépenses courantes de la famille.

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
  • 28
    View loans »
    Mali Loans Fundraising
  • $12,522,950
    Funds lent in using Kiva
  • 491.7
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD