A loan of $1,050 helped a member buying fresh onions.

Bendiya Group's story

The ten members of the group Bendiya are married women mostly in large traditional families.  The members average 37 years of age and four children each, and they all live in Farabougou, a village of the rural community of Téssérèla (4th administrative region of the Republic of Mali).  They know one another through ties of kinship, marriage, and community, and through their businesses.  This group of women does commerce in condiments, such as onions (with Ms. Awa C.), sweets, grains, calabashes, etc.

Wanting to increase their working capital, the group members decided to collaborate with the micro-finance institution Soro Yiriwaso and are now on their very first solidarity loan. 

Awa C. intends to use her loan for buying 200 kg of fresh onions.  She stocks up in N’gassola and in Tissala.  Generally accepting cash, she resells her fresh onions out of her home and at the weekly fair in Ségou,  

Awa plans on making a monthly profit of 17,000 francs CFA that will be used to repay her loan, to take part in covering certain family expenses, and participating in societal events (marriages, baptisms, and funerals.)

In this group: Tenin, Awa, Djeneba Pamine, Fatoumata Baba, Alimata, Néné, Tata Taka, Fatoumata Drissa, Adiara , Nah

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Translated from French by Kiva volunteer Daniel Kuey

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