A loan of $250 helped a member buy various products.


Benso. Group's story

The members of the Benso group are for the most part married women. On average they are 32 years old, have three children and live in monogamous families in the Noumousso neighborhood of Kadiolo, in the third administrative region of Mali. They work with the Soro Yiriwaso MFI to satisfy their customer needs and are requesting a fifth group loan, all preceding loans having been reimbursed in full. They retail clothes, shea butter, ginger, incense, produce non-alcoholic beverages, etc. With their new loan they want to buy three dozen sets of children’s clothes, 85 kilos of shea butter, 20 kilos of sugar, 5 sorts of incense, 3 kilos of tamarind, 10 packages of plastic bags. They get their supplies from the main market in Kadiolo and from neighboring villages. They resell in the market, as itinerant vendors or by home delivery, for cash but often on credit, to a customer base of both men and women. They hope to reach an average monthly income of 22,500 FCFA each, of which part will go into savings and answer family needs, and the remainder will be reinvested in the business activities. They are counting on an increase in their working capital to better satisfy customer demand and to set up a stall for their sales activities.

In this group: Ami , Fatoumata , Kadiatou , Maïmouna
*not pictured

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Translated from French by Kiva volunteer René McConnell



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