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Benkadi Group
In this Group: Djoula , N’Didi , Senedya , Be
The members of the Benkadi group are married women with an average age of 26 and on average, 2 children. They live with their husband and children in large traditional families and live in the neighborhood of Fana Coura, town of Fana, sub-prefecture of Fana, region of KOULIKORO, Republic of Mali.

They met one another through neighborhood ties and kinship.

These women work with the microfinance organization Soro Yiriwasa in order to perpetuate their money-making activity.

This is their sixth group loan and all the previous loans have been fully reimbursed.

With this new loan they are planning on buying sets of bowls, a large quantity of different kinds of condiments and clothing in Bamako (the capital of Mali). The products are bought wholesale and sold retail, in cash and often on credit to customers made up of women and men.

They each are planning to make an average monthly profit of 40, 000 FCFA. The profits are reinvested in part in the business and the other part in the daily family’s expenses.

View original language description ↓
Les membres du groupe Benkadi sont des femmes mariées ayant une moyenne d’âge de 26 ans et 2 enfants. Elles vivent avec leur mari et enfants dans des familles traditionnelles et résident dans le quartier Fana coura, ville de Fana, sous préfecture de Fana, Région de KOULIKORO, République du Mali.
Elles se sont connues par des liens de voisinage et de parentés.
Ces femmes collaborent avec l’institution de microfinance Soro Yiriwaso dans le but de pérenniser leurs activités lucratives.
Elles sont à leur sixième prêt solidaire et tous les prêts précédents ont été correctement remboursés.
Avec ce nouveau prêt elles comptent acheter, des trousseaux de tasses, une grande quantité de condiments alimentaires de différentes sortes et des habillements à Bamako (capitale du Mali). Les produits sont achetés en gros et sont revendus en détail, au comptant et souvent à crédit au marché, à une clientèle composée de femmes et d’hommes.
Elles envisagent réaliser chacune un bénéfice moyen de 40.000FCFA par mois. Les bénéfices sont d’une part réinvestis dans l’activité et d’autre part dans les dépenses quotidiennes 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
  • 35
    View loans »
    Mali Loans Fundraising
  • $12,546,775
    Funds lent in using Kiva
  • 448.5
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD