Total loan: $1,675
Tènè, Ségou Region, Mali / Food
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A loan helped to buy bananas, peppers, tomatoes, onions, eggplants, and cereals.
Benkadi Group's story
The women of Benkadi Group average 47 years of age and four children. They all live in extended traditional families in Téné, a village in Tominan Cercle (fourth administrative region of the Republic of Mali). These women got to know each other through bonds of kinship. They buy and sell food products, such as condiments, and other products. After having repaid their previous loans without problems, the women of Benkadi Group are now seeking their ninth solidarity loan (group loan). Bintou is the first woman from the left in the photograph. She intends to use her part of the loan to buy bananas, peppers, fresh tomatoes, onions, eggplants, and baskets of cereals. The women get their supplies in Téné, and sell for cash and on credit, at the market in Téné and in the surrounding fairs, to a clientele comprising both women and men. They intend to turn an average monthly profit of XOF 50'000 (ca US$ 105), to be used to cover healthcare, food, and school expenses. The remainder will be reinvested in their businesses.