Total loan: $700

Benkadi Group

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FARAKALA, Région de Ségou, Mali / Food

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A loan helped to buy food products to resell with the goal of paying for his children's education.

Benkadi Group's story

Siaka is 50 years old, married and the father of five children, including two boys and three girls, ages 12 to two years old. Three of his children attend primary school.

Siaka has been selling various food items (rice, sugar, tea, candies, soap, etc.) for 15 years. He relies on the MFI RMCR for financial support in order to grow his business. The income generated by his sales allow him to pay for his family's expenses (his children's education, healthcare and food seasonings). He buys his merchandise (rice, sugar, tea, candies, etc.) at the large market in his area, and sells them at retail in his village. He earns quarterly income of 123,500 FCFA.