A loan of $1,075 helped a member to buy fish.

Benkadi Group's story

The five members of the Benkadi group are essentially married women, who average 37 years of age and have on average three children each. They live in monogamous families in Hamdallaye, one of the districts of the town of Sikasso (Mali's third administrative region).

They are on their eighth loan from the microfinance institution, Soro Yiriwaso, with the goal of satisfying customer demand. All the seven previous loans have been repaid in full. This group of women sell a variety of items, including fish (this is the case for Ami K.).

With her loan Ami K. is planning on buying 15kg of fresh fish and a block of ice. She gets her supplies at Sikasso town's large market and she carries out her business in Sikasso town (at the market in Hamdallaye and from home). She sells for cash, on a retail basis and for credit to a customer base made up of men and women.

She is expecting to make an average monthly profit of 32,500FCFA, of which part will be used for savings and family needs, and the rest invested in her business. Her ambition is to buy a piece of land to live on in Sikasso.

In this group: Ami , Elisa , Aminata , Fatou , Foune

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Translated from French by Kiva volunteer Alison Le Bras

Loan details

Lenders and lending teams

Loan details