Funded

Total loan: $1,425
Powered by 52 lenders

Benkadi Group

Mali
Fana , Mali / Soft Drinks

A loan of $1,425 helped a member the purchase of non-alcoholic drinks.


Benkadi Group's story

The women in the Benkadi Group, all married, have an average age of 39 years and an average of three children each. They all live together in a traditional extended family in the town of Fana in the Banankabougou area of the Dioïla district in Koulikoro (the second administrative region of the republic of Mali).

They know each other through family ties and the clothing, drinks and restaurant businesses they run.

The women of the Benkadi group are on their eighth group loan which will be used to purchase soft drinks (called BRAMALI), condiments for the restaurant and clothes.

FATOUMATA M., the president of the group, plans on using her part of the loan to buy non-alcoholic drinks from wholesalers. She sells her produce for cash every day at the checkpoint at the Bamako exit of the town of Fana, to a customer base made up largely of passengers.

She expects to earn a monthly profit of 50,000 CFA which will be used to pay back the loan, contribute to healthcare costs, food bills, school fees and the rest she will reinvest in her business.

In this group: Ramata , Awa, Ami , Fatoumata
*not pictured

Translated from French by Kiva volunteer Lara Francis



Loan details

Loan length:

6 months
Disbursed date: December 6, 2010
Facilitated by Field Partner: Soro Yiriwaso, a partner of Save the Children

Lenders and lending teams



Loan details

Loan length:

6 months
Disbursed date: December 6, 2010
Facilitated by Field Partner: Soro Yiriwaso, a partner of Save the Children