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Benkadi Group
In this Group: Mayama , Sanata , Mamou , Fatoumata , Marama , Sitan
The group Benkadi is composed of married women for the most part in monogamous families in Djalakorodji, an outlying district of Commune de Kati. The women average 50 years of age and seven children each. They know one another through ties of community and their revenue-generating businesses at the Djalakorodji market. The group members have small-scale businesses selling juice drinks made from hibiscus flowers or ginger, as well as selling condiments (Magie bouillon cubes, garlic, 'soumbala', …) With the goal of increasing their working capital, the group members decided to collaborate with the microfinance institution Soro Yiriwaso and are now on their first solidarity loan cycle.

Ms. Sitan, who is the woman sitting at the far left in the photo, is a major vendor of local juice drinks. She intends to use her loan to purchase a bag of sugar, 100 kg of ginger, 100 kg of hibiscus flowers, and some flavorings. She gets her supplies at the big market in Bamako.

To make juice drinks, the ginger is crushed and soaked in water and allowed to settle, and then sugar, flavorings, and water are added. This mixture is apportioned among drums or plastic pouches ready for sale. Sales are made in cash at the market to a customer base composed mostly of women.

With this loan, she hopes to make an average monthly profit of 25,000 francs CFA that will be used for reinvesting in business and providing for her family.
View original language description ↓
Le groupe Benkadi est constitué de six femmes mariées majoritairement dans des familles monogames à Djalakorodji, une des quartiers périphérique de la commune de Kati. Elles ont en moyenne 50 ans et 7 enfants. Elles se sont connues à travers des liens de voisinage et de leurs activités génératrices de revenu au marché de Djalakorodji. Les membres du groupe font le petit commerce de jus à base d’oseilles de Guinée ou de gingembre, de Condiments (cubes magies, ail, soumbala,…). Dans le but d’augmenter leurs fonds de commerce, les membres du groupe ont décidé de collaborer avec Soro Yiriwaso et sont à leur 1er cycle de prêt solidaire.
Madame Sitan femme assise à l’extrême gauche est une grande vendeuse de jus locaux. Elle compte utiliser son prêt pour acheter 1 sac de sucre, 100 kg de gingembre, 100kg d’oseille de guinée et des essences. Elles s’approvisionnent au grand marché de Bamako. Pour faire des jus, on broie le gingembre, l’imbibe dans l’eau avant de le décanter puis on ajoute le sucre, les essences et l’eau. Ce mélange est réparti dans des bidons ou sachets plastics prêt pour la vente qui est faite au comptant au marché à une clientèle composée majoritairement de femmes. Elle espère réaliser avec ce prêt un bénéfice mensuel moyen de 25 000 FCFA, qui sera utilisé, pour être réinvesti dans l’activité et subvenir aux besoins de leur 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
  • 54
    View loans »
    Mali Loans Fundraising
  • $12,694,675
    Funds lent in using Kiva
  • 494.3
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Benkadi Group's $1,225 loan helped a member to purchase the ingredients for making juice drinks.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
May 27, 2013
Jun 23, 2013
Currency Exchange Loss:
Oct 17, 2013