A loan of $1,550 helped a member to buy fakoye and millet.

Benkadi (L’Unité) Group's story

The Benkadi group from the Peyro association is made up of five women from Téné village (Ségou region) who know each other well as they are in the same business. They have an average age of 43; they are married and have at least four children each. They live in polygamous homes.

They buy and sell fakoye and tchapalo. Fakoye is a leaf-based condiment highly sought after by an ethnic group, the Sonrals, from the north of Mali and tchapalo is a local alcoholic beverage made from millet.

The group members joined the Soro Yiriwaso credit program three years ago to strengthen their business funds. The loan amounts have gone from 50,000 FCFA for the first loan to 150,000 FCFA for the fifth group loan.

This current loan will be used to buy sacks of fakoye that will be resold in Gao (the seventh region of Mali) and sacks of millet that will be turned into tchapalo and sold from home. This operation of transforming millet into tchapalo is a skill handed down from generation to generation by the Bobo women.

With this new loan they each expect to make a profit of 170,000 FCFA for the loan cycle, which will be used to repay the loan interest and handle everyday family expenses.

In this group: Aminata , Boré , Bintou , Sabré, Djeneba

Translated from French by Kiva volunteer

Loan details

Lenders and lending teams

Loan details