A loan of $650 helped a member purchase of various items for re-sale.

Benkadi Group's story

This Benkadi group, part of the Tièssiri II Association, unites 6 married women, mostly from polygamous families. Their average age is 45 and they have 3 children, on average. They all live in the Hamdallaye neighborhood of the town of Ségou (4th administrative region of the Republic of Mali).

This group of women mostly sell various items such as "wax"-brand "pagnes" (lengths of high quality African print cloth), gourds, condiments, cereals, etc. They are much in demand and the quality of their merchandise is greatly appreciated.

Wishing to increase their working capital, they decided to join the loan program of the micro-finance institution Soro Yiriwaso, with whom they are on their first solidarity loan. This loan will be used to buy 10 lengths of "pagne-wax", 6 packages of gourds, 2 baskets of tomatoes and hot peppers, 1 sack of millet and 300 kg of tamarinds. They buy their gourds in Tonan, their "pagnes" and condiments in Bamako, the millet and tamarinds at the weekly markets of Djonforo and Sirakorobougou.

They sell all their merchandise retail, for cash and credit, out of their homes, at the "château" market in Ségou, and walking through the residential neighborhoods, to a clientele composed of men, women, and children. They expect to make an average monthly profit of 29,000 F CFA which will be used to reimburse the loan and to pay health-related expenses for their children.

Their ambition is to become wholesalers.

In this group: Ami, Sitan, Ami, Dounamba, Koumba, Assan

Translator profile picture

Translated from French by Kiva volunteer Teresa Kramer

Loan details

Lenders and lending teams

Loan details