A loan of $925 helped a member to buy food condiments.

Benk Group's story

The women of Benk Group are all married. On average, they are 30 years old and have three children. They all live in extended traditional families with their brothers, sisters, cowives, children and husbands in the village of Djoutièbougou in the prefecture of Bougouni (third administrative region of the Republic of Mali). The women know each other through family ties.

Having met with many difficulties to buy food condiments for cash from their suppliers, they decided to join the microfinance institution Soro Yiriwaso. This is their ninth group loan. They repaid their previous eight loans without any difficulty.

The women will use their loan to buy 200 kilograms of onions, 250 kilograms of cooking salt and 50 packs of 100 bouillon cubes. They will buy all these condiments at the market of Bougouni and retail them for cash or credit to a clientele made up mainly of women.

Thanks to the loan, they expect to make an average monthly profit of 20,000 CFA francs, which they will spend on healthcare and school fees for their children.

In this group: Gneba, Awa , Diatou , Te , Chata , Yiriba , Moh , Kadiatou , Diatou A

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Translated from French by Kiva volunteer Robert Mouris

Loan details

Lenders and lending teams

Loan details