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Benkadi Group
In this Group: Korotoumou , Batoma, Sayon , Saran
The Benkadi group is made up of four married women, who average 28 years old and on average have four children. They live in traditional polygamous families in the Dialanikoro neighborhood in the town of Bougouni. They know each other from neighborhood, friendship, and business ties.

To increase their financial capacity in order to better conduct their business, they joined the micro-finance institution Yoro Yiriwaso, with whom they are on their fourth loan. The three previous loans have all been repaid on time.

This group of women sells shoes.

Korotoumou, who is the president of the group, is the first women on the right in the photo. With her loan, she hopes to buy three dozen pairs of shoes from the wholesalers in Bamako. She makes her sales in a market and from home, in cash and credit, to customers who are women and men. She hopes to earn an average monthly profit of 25,000 francs CFA, which will be invested in the business and used to repay the loan.
View original language description ↓
Le groupe BENKADI est constitué de 4 femmes toutes mariées ayant une moyenne d’âge de 28 ans et 4 enfants. Elles vivent dans des familles traditionnelles polygames dans le quartier Dialanikoro 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 quatrième prêt. Les trois précédents prêts ont été correctement remboursés. Ce groupe de femmes fait le commerce de chaussures avec KOROTOUMOU qui est la présidente du groupe et la première femme de la droite vers la gauche. Elle compte acheter avec son prêt, trois douzaines de chaussures avec les grossistes de Bamako. Elle effectue ses ventes au marché et à domicile, en détail au comptant et à crédit à une clientèle composée de femmes et d’hommes.
Elle envisage réaliser un bénéfice mensuel moyen de 25.000FCFA 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
  • $12,694,550
    Funds lent in using Kiva
  • 503.1
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD