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Benkadi Group
In this Group: Awa, Ramatou, Natene, Mariam, Sira, Mamou
The women of the Benkadi group are married and have on average an age of 22 and four children. They live in polygamous households and reside in the village of Banankoro (Kati prefecture) in the Koulikoro region. The women of the Benkadi group are united professionally and by friendship, and they have all developed in the sector of small-scale commerce in various articles (soap, tea, cigarettes, catering, etc.)

For the most part, they get their supplies locally, in the village, from wholesalers (daily or weekly) and make their sales from displays at the marketplace of the same village, located along the axis road linking Bamako to the Republic of Cote d'Ivoire. Their customers, essentially composed of women, make their purchases throughout the day, sometimes even at night at their homes.

This group of Benkadi women is on its first collaboration with the micro-finance institution Soro Yiriwaso. It intends to use this loan to buy a few boxes of soap, tea, packs of cigarettes, a large amount of condiments, and sacks of rice and of millet. They hope to realize a monthly profit of 15,000 francs CFA each.

The group aspires to establish an EIG (Economic Interest Group) in order to organize their business better and to defend their interests better.

Translated from French by Daniel Kuey, Kiva volunteer

Les femmes du groupe Benkadi sont mariées avec une moyenne d’age de 22 ans et 4 enfants .Elles vivent dans des foyers polygames, et résident dans le village de Banankoro Préfecture de Kati Région de Koulikoro.

Les femmes du groupe Benkadi sont unies par des relations d’amitié et professionnelles et évoluent toutes dans le secteur du petit commerce d’articles divers (savon, thé, cigarettes, restauration etc.).

Elles s’approvisionnent très généralement sur place au village auprès des grossistes (quotidiennement ou hebdomadairement) et vendent sur des étales au marché du même village situé sur l’axe routier reliant Bamako à la République de la Cote D’ivoire.
Leur clientèle, essentiellement composée de femmes fait des achats durant toute la journée, même quelque fois la nuit à domicile.

Ce groupe de femmes Benkadi est à sa première collaboration avec l’Institution de micro finance Soro Yiriwaso. Elle compte acheter avec ce prêt quelques cartons de savons, de thé, des cartouches de cigarettes, une importante quantité de condiments alimentaires, des sacs de riz et de mil. Elles espèrent réaliser un bénéfice mensuel de 15.000 CFA chacune.
Le groupe ambitionne de mettre en place un GIE (Groupement d’Intérêt Economique) afin de mieux organiser leurs activités et mieux défendre leurs intérêts.

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
  • 51
    View loans »
    Mali Loans Fundraising
  • $12,694,550
    Funds lent in using Kiva
  • 415.4
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD