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Benkadi Group
In this Group: Fanta , Aby , Afou , Minata , Mamou, Brakissa
Married for the most part in traditional families and averaging 38 years of age and four children each, the six women of the group Benkadi all live in Sikasso City (3rd administrative region of the Republic of Mali) and know one another through ties of kinship, community, and their professional work. They sell secondhand clothing, fruit & vegetables, and soaps.

With the goal of increasing their business capital, the group members joined the microfinance institution Soro Yiriwaso and are now on their second solidarity loan. The first loan was correctly repaid.

Ms. Fanta, the only one sitting (in the photo), plans on using her loan to buy a bale of used clothing. She gets her supplies locally in Sikasso from wholesalers and makes her sales door to door and at home. Her customer base is composed of men and women.

With this loan, Ms. Fanta plans on making an average monthly profit of 30,000 francs CFA that will be used for reinvesting in the business and for covering certain household needs.
View original language description ↓
Mariées majoritairement dans des familles traditionnelles avec une moyenne d’âge de 38 ans et 4 enfants, les six femmes du groupe Benkadi habitent toutes dans la ville de Sikasso (3ème Région administrative du Mali) et se sont connues à travers des liens de parenté, de voisinage et de leurs activités professionnelles.
Elles font de la vente de friperie, de fruits et légumes, de savons.
Dans le but d’augmenter leurs fonds de commerce, les membres du groupe intègrent Soro Yiriwaso et sont à leur 2 eme prêt solidaire, le premier fut correctement remboursé.
Madame Fanta, la seule assise, compte utiliser son prêt pour acheter, 1 balle de friperie. Elle s’approvisionne sur place à Sikasso, auprès des grossistes et effectue ses ventes en ambulant et à domicile, à une clientèle composée d’hommes et de femmes. Madame Fanta compte réaliser avec ce prêt un bénéfice mensuel moyen de 30.000 FCFA qui sera utilisé, pour être réinvesti dans l’activité et prendre en charge certains besoins du foyer

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
  • 54
    View loans »
    Mali Loans Fundraising
  • $12,694,550
    Funds lent in using Kiva
  • 517.3
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD