Total loan: $1,250

Benkadi Group

Flag of Mali
Banankoroni, Ségou Region, Mali / Food

Benkadi Group's loan finished fundraising,
but these similar borrowers just need a little more help to reach their goals!

A loan helped to buy 166 kg of fresh fish.

Benkadi Group's story

The six women of Benkadi Group are all married and live in monogamous families. They average 45 years of age and three children. They live in Banankoroni Village, a military camp in Ségou Region. They got acquainted through bonds of neighborhood and kinship. They sell cereals, peanuts, fresh and smoked fish. In order to be able to buy supplies for cash, the members of the group joined Kiva's partner, Soro Yiriwaso. They are now seeking their tenth solidarity loan (group loan). Mrs. Fatoumata (second woman from the left in the photograph) is a very much renowned reseller of big fresh fish, both inside the camp and in the village of Banankoro. She intends to use her loan to buy 166 kg of fresh fish. She gets her fish supplies from fishermen in villages along the banks of Niger River. She sells for cash and on credit, at her home and as a traveling saleswoman, in the village and in the military camp, to a clientele comprising both men and women. With this loan, Mrs. Fatoumata hopes to turn an average monthly profit of XOF 45'000 (ca US$ 90). She will reinvest part of it in her business, and use the remainder to pay her children's school expenses. Mrs. Fatoumata, along with the other members of the group, wants to bolster her business thanks to her collaboration with Soro Yiriwaso. Note: Mrs. Rouki does not appear in the photograph because she had an appointment at the hospital.