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


Benkadi Group's story

The ten members of the Benkadi group are married and live mostly in monogamous families. They are on average 29 years old and have two children. They live in the village of Somonodougouni in the rural community of Konodimini, in the Ségou region (the fourth administrative region of Mali). They know each other through family and marriage ties. The members of the group are in the business of selling various items such as balas, dried shallots, fresh and smoked fish, etc. With the goal of increasing their working capital, the members of the group have decided to take advantage of the credit program through Soro Yiriwaso, and they are on their first joint loan with the institution. Madame Azara Sogoré, a member of the group, plans to use her loan to buy 10 baskets of fresh fish on the shore of the Niger River in the village. To smoke fish, one has to properly wash the fresh fish and spread them out on surfaces made for this purpose. Under this a fire is lit, in one corner of the courtyard outside the house, for at least two or three days. The fish must be tended to throughout the process. The smoked fish is then sold door to door and in the markets in Konodimini and Konobougou for cash and on credit, generally to women. Madame Azara Sogoré hopes to earn with this loan an average monthly profit of 30,000 FCFA to be used to meet the daily needs of her household, as well as to reinvest in her business. Like the other women in the group, she plans to buy and raise small livestock.

In this group: Baro , Bintou , Maïmouna , Tata , Sali , Sitan , Nana , Yah , Azara , Nana
*not pictured

Translated from French by Kiva volunteer Shannon Arnold



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