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Benkadi (L’Entente Est Bonne) Group
In this Group: Kia , Ramata , Tou , Aminata
The four women of this group called "Benkadi" (understanding is a good thing), belonging to the "Sérieux" Association, are all married. They have an average age of 35, 4 children on average, live in big traditional extended families in the Koko neighborhood of the town of Koutiala (Sikasso region, Republic of Mali). They know each other essentially because of being neighbors.

They do almost the same work, buying and selling "Wax" brand "pagnes" (lengths of brightly colored African print cloth), clothing, and embroidered cloth. They are much in demand in this business and have an excellent reputation.

So as to satisfy the needs of their growing clientele, the Benkadi group decided to join the micro-finance institution Soro Yiriwaso with whom they are on their 6th solidarity loan (group loan). All the preceding loans have been correctly reimbursed.

They intend to use this loan to buy bales of "Wax" cloth wholesale in Bamako (capital of the Republic of Mali). This cloth will be sold retail, for cash or credit, in the big market of Koutiala and walking around the neighborhoods, to a clientele composed mainly of women.

They each hope to make an average profit of 120,000 F CFA during this loan cycle, which will be used to pay the interest on the loan, cover the needs of their extended family, investing the rest in their businesses.

Their ambition is to diversify their businesses by taking on other money-earning ventures and opening a shop to sell clothing.

View original language description ↓
Les quatre femmes du groupe Benkadi de l’association Sérieux sont toutes mariées. Elles ont en moyenne 35 ans, 4 enfants et vivent dans des grandes familles traditionnelles élargies au quartier Koko de la ville de Koutiala (région de Sikasso, république du Mali). Elles se sont connues essentiellement à travers des liens de voisinage.
Elles exercent presque la même activité qui est l’achat et la vente de pagnes wax, d’habits et des tissus brodés. Elles sont très sollicitées dans cette activité et jouissent d’une grande notoriété.
Afin de satisfaire le besoin de sa clientèle qui ne cesse d’augmenter, le groupe Benkadi a décidé d’intégrer à l’institution de microfinance Soro Yiriwaso avec laquelle il est à son sixième prêt solidaire (prêt de groupe). Tous les prêts précédents ont été correctement remboursés.
Elles comptent utiliser ce prêt pour acheter des balles de wax en gros à Bamako (la capitale de la république du Mali). Ces wax sont vendus en détail, au comptant et à crédit au grand marché de Koutiala et en ambulant à une clientèle constituée majoritairement de femmes.
Elles espèrent réaliser chacune un bénéfice moyen de 120 000 FCFA au cours de ce cycle qui sera utilisé pour payer les intérêts du prêt, subvenir aux besoins de la famille élargie et investir le reste dans les activités.
Elles ont pour ambition de diversifier leur commerce en embrassant d’autres activités génératrices de revenus et 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
  • 46
    View loans »
    Mali Loans Fundraising
  • $11,975,350
    Funds lent in using Kiva
  • 467.2
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Benkadi (L’Entente Est Bonne) Group's $1,300 loan helped a member purchase of bales of "Wax" cloth.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Jun 8, 2009
Aug 1, 2009
Currency Exchange Loss:
Jan 15, 2010