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Lahidou Group
In this Group: Fati , Aminata , Gogo , Madjè
The Benkadi group is composed of four married women living mainly in monogamous families. On the average, they are 31 years old, with five children. They all live in the Sabalibougou neighborhood in the Bamako district. They know each other as neighbors and fellow vendors at the Sabalibougou markets. The group members sell various types of clothing: traditional colorful fabric (wax “pagnes”, embroidered “pagnes,” and damask-type “bazins”) as well as second-hand clothing. With the goal of bolstering their working capital, the group members have decided to collaborate with Soro Yiriwaso and are now on their first solidarity loan.

Mrs. Fati (the only one standing in the photo) is well known as a vendor of high-quality traditional fabric. She plans to use her loan to buy four sets of the “bazin” type fabric in Bamako. She sells for cash or on credit, at the market and as a street vendor, to a customer base composed mainly of women. With this loan, Fati hopes to earn an average monthly revenue of 45,000 West African francs, which will be used to reinvest in her business and cover the healthcare costs for her children. Her goal is to buy a land plot and build a house for her children.
View original language description ↓
Le groupe Benkadi est constitué de quatre femmes mariées majoritairement dans des ménages monogamiques. Elles ont en moyenne 31 ans et 5 enfants. Elles habitent toutes dans le quartier de Sabalibougou dans le district de Bamako; Elles se sont connues à travers des liens de voisinage et de leurs activités génératrices de revenu au marché de Sabalibougou. Les membres du groupe font le petit commerce de vêtement de toutes sortes : pagnes wax, brodés, basins et d’habits de la friperie. Dans le but d’augmenter leurs fonds de commerce, les membres du groupe ont décidé de collaborer avec Soro Yiriwaso et sont à leur 1ercycle de prêt solidaire.
Madame Fati (femme debout seule sur la photo) a une grande réputation dans la vente des pagnes de meilleure qualité. Elle compte utiliser son prêt pour acheter 4 pièces de bazin à Bamako et vend au comptant et à crédit au marché et en ambulant à une clientèle composée majoritairement de femmes. Madame Fati espère réaliser avec ce prêt un bénéfice mensuel moyen de 45 000 FCFA qui sera utilisé, pour être réinvesti dans l’activité et assurer les soins de santé des enfants du foyer. Madame Fati ambitionne d’acheter une parcelle à usage d’habitation pour ses enfants.

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
  • 50
    View loans »
    Mali Loans Fundraising
  • $12,694,550
    Funds lent in using Kiva
  • 493.3
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD