Total loan: $2,125
Kanadjiguila, , Mali / Arts
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Benso Group's loan finished fundraising,
but these similar borrowers just need a little more help to reach their goals!
A loan helped to buy raw materials for making soap.
Benso Group's story
The majority of the members of the Benso group are married women living in monogamous households. They average 41 years of age with five children each and all live in Kanadjiguila in the Mandé commune/Kati circle. They got to know each other as relatives, friends and neighbors. The group members have small businesses selling soap, cups, clothing, condiments and charcoal. They decided to collaborate with Soro Yiriwaso in order to expand their businesses, and they are on their first group loan. Pinda (who is on the extreme right of the photo) has a good reputation for making and selling soap. She is planning to use her loan to buy barrel of acid paste, 50 kilos of potassium carbonate and 50 kilos of shea butter in Bamako. In order to make the soap, oneshe has to mix the acid paste with the potassium carbonate and shea butter, then smooth out this mixture for several hours in order to have a thick paste. This paste is left to coagulate in moulds designed specifically for this purpose and then cut into pieces to sell in the market and on a door-to-door basis to a mixed customer base. With this loan Pinda expects to make an average monthly profit of 110,000FCFA which will be used to reinvest in her business. Her ambition is to make her business durable through her relationship with Soro Yiriwaso.