Total loan: $3,825

Benkan Group

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KASSARO, Kayes Region, Mali / Food

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A loan helped to buy merchandise to resell for the purpose of providing for her family.

Benkan Group's story

A married woman of 51, Koniba runs a small shop and lives in a rural community in Mali with her husband and 6 children. All of her children are out of school and are between the ages of 26 and 16.

For her business, she buys diverse things (rice, sugar, flour, spaghetti, cookies, oil, milk, etc.) To better conduct her business, she procures her stock by contract and resells it for cash and credit in, and around, the village.

Koniba has 7 years of experience with this business, and her ambition is to have the business evolve and to contribute, with her husband, to the well-being of her family. She is literate and that allows her to better run this business and to ensure that profits are generated by the business.

To develop the business, Koniba used the IMF for help and did not encounter any problems aside from exhaustion. Her monthly profit is estimated to be 50 000 FCFA.