A loan of $875 helped a member purchase of various items for resale.

Benkelema Group's story

The four members of the Benkelema group are essentially married women with an average age of 35 and 4 children, on average. They mostly live in polygamous families in the Babemba neighborhood of the town of Sikasso, third administrative region of Mali.

They collaborate with the microfinance institution Soro Yiriwaso so as to satisfy the needs of their clientele, and they are on their fourth solidarity loan. The preceding loans have been correctly reimbursed.

They sell a variety of items such as Real brand African print cloth, soap, used clothing, peanut butter, etc. With their new loan they intend to buy 14 lengths of Real brand African print cloth, 20 cases of soap, 4 bales of used clothing, and 350 kg of peanuts (to make into peanut butter).

They get their inventory at the Sikasso city market and in the surrounding villages. They sell at the Médine market, hawking their wares, and out of their houses, for cash and often on credit, to a clientele composed of men and women. They each expect to make an average monthly profit of 30,500 F CFA, of which part will be added to their savings or used for family needs, and the rest invested into their businesses.

In this group: Bintou, Ramata, Mariam, Aramatoulaye

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Translated from French by Kiva volunteer Teresa Kramer

Loan details

Lenders and lending teams

Loan details