A loan of $900 helped a member purchase of bowls, clothing, and condiments.

Benkadi Group's story

The members of the Benkadi group are married women with an average age of 26 and on average, 2 children. They live with their husband and children in large traditional families and live in the neighborhood of Fana Coura, town of Fana, sub-prefecture of Fana, region of KOULIKORO, Republic of Mali.

They met one another through neighborhood ties and kinship.

These women work with the microfinance organization Soro Yiriwasa in order to perpetuate their money-making activity.

This is their sixth group loan and all the previous loans have been fully reimbursed.

With this new loan they are planning on buying sets of bowls, a large quantity of different kinds of condiments and clothing in Bamako (the capital of Mali). The products are bought wholesale and sold retail, in cash and often on credit to customers made up of women and men.

They each are planning to make an average monthly profit of 40, 000 FCFA. The profits are reinvested in part in the business and the other part in the daily family’s expenses.

In this group: Djoula , N’Didi , Senedya , Be

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Translated from French by Kiva volunteer Veronique Fourment

Loan details

Lenders and lending teams

Loan details