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Benkadi Group
In this Group: Ami , Alimata , Amissetou, Awa
The Benkadi group is composed of two married women and two single women averaging 40 years of ag,e with three children. They live in traditional extended families with their husbands, other wives, brothers and children in the Torakabougou district of the town of Bougouni.
They know each as neighbors, friends and fellow entrepreneurs. In order to bolster their financing capacity in order to better manage their businesses, they have joined the Soro Yiriwaso microfinance institution and are now on their second loan. The prior loan has been duly repaid. The group members sell condiments, shoes, cereals and miscellaneous items.

Ami, the group’s leader, is the first one seated from the right to the left. She busy and resells condiments and plans to use her loan to buy two bags of table salt, four boxes of Maggi bouillon cubes and a bag of onions from wholesalers in Bougouni. She sells at the market and out of her home, for cash and on credit, to a customer base composed mainly of women. She plans to earn average monthly revenue of 40,000 West African francs, which will be used to reinvested in her business and repay her loan.
View original language description ↓
Le groupe BENKADI est constitué deux femmes mariées et deux célibataires ayant une moyenne d’âge de 40 ans et 3 enfants. Elles vivent dans des familles traditionnelles élargies avec leurs maris, coépouses, frères et fils dans le quartier Torakabougou de la ville de Bougouni.
Elles se sont connues à travers des liens de voisinage, d’amitié et de commerce. Pour renforcer leur capacité financière afin de mieux faire leur commerce, elles ont adhéré à l’institution de microfinance Soro Yiriwaso avec laquelle elles sont à leur deuxième prêt. Le précédent prêt a été correctement remboursé. Ce groupe de femmes fait le commerce de condiments, de chaussures, de céréales et le divers.
AMI, qui est la présidente du groupe est la première assise de la droite vers la gauche. Elle fait l’achat vente de condiments et compte acheter avec son prêt, 2 sacs de sel de cuisine ,4 cartons de cube maggi et un sac d’oignon avec les grossistes de Bougouni. Elle effectue ses ventes au marché et à domicile, en détail au comptant et à crédit à une clientèle composée essentiellement de femmes.
Elle envisage réaliser un bénéfice mensuel moyen de 40.000FCFA qui sera investi dans les activités et rembourser le prêt.

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
  • 58
    View loans »
    Mali Loans Fundraising
  • $12,694,675
    Funds lent in using Kiva
  • 512.6
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD