Funded

Total loan: $1,675
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Benkadi Group

Mali
Fana , Mali / Retail

A loan of $1,675 helped a member to buy condiments, cereals and clothes.


Benkadi Group's story

The members of Benkadi Group are married women who, on average, are 38 years old and have four children. They live with their husband and children in large traditional families in the village of Fantombougou, subprefecture of Fana, in the region of Koulikoro of the Republic of Mali. They have known each other through neighborhood and business links.

They joined the microfinance institution Soro Yiriwaso in order to ensure a continuous financial support to their activities. This is their seventh solidarity loan. They have repaid all their previous loans on schedule.

As regards this new loan, the group members will buy a large quantity of food condiments, cereals and clothes. The condiments and clothes will be bought wholesale in Bamako, whereas the cereals will be bought in the surrounding countryside. They will resell all this at the market in Fana, located next to the tarred road, to a clientele made up of women and men.

They expect to make an average monthly profit of 35,000 CFA francs each. They will spend part of their profit on food and healthcare and reinvest part of it in their businesses.

In this group: Raba , Awa , Mariam , Kadiatou , Adama
*not pictured

Translator profile picture

Translated from French by Kiva volunteer Robert Mouris



Loan details

Loan length:

8 months
Disbursed date: December 7, 2009
Facilitated by Field Partner: Soro Yiriwaso, a partner of Save the Children

Lenders and lending teams



Loan details

Loan length:

8 months
Disbursed date: December 7, 2009
Facilitated by Field Partner: Soro Yiriwaso, a partner of Save the Children