Funded

Total loan: $650
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Benkan Group

Mali
Marka Coungo, Mali / Clothing

A loan of $650 helped a member purchasing fabric.


Benkan Group's story

The women of the Benkan group, all married, are on average 44 years old with three children each, and all live in large traditional families in the village of Marka-Coungo, a sub-prefecture of Fana, in the region of Koulikoro (the second administrative region of the Republic of Mali). They have known each other as fellow parents, neighbors, and friends. They sell clothing, cakes, and milk.

The women of the Benkan group are requesting their seventh group loan, which will be used to purchase fine fabrics, flour, and milk.

Bata D., the president of the group, intends to purchase 100 lengths of fabric from the wholesale dealers at the market in Bamako nearly every month. She resells them in the market and out of her home, for cash or credit, to a clientele made up of women and men. She foresees earning a monthly profit of 30,000 FCFA which she will use to pay their loan installments, in part to assume health and food expenses, to cover school fees, and the remainder will be reinvested in the business.

In this group: Bata , Fanta , Oumou , Mama
*not pictured

Translated from French by Kiva volunteer Carolyn McMahon



Loan details

Loan length:

7 months
Disbursed date: January 14, 2011
Facilitated by Field Partner: Soro Yiriwaso, a partner of Save the Children

Lenders and lending teams



Loan details

Loan length:

7 months
Disbursed date: January 14, 2011
Facilitated by Field Partner: Soro Yiriwaso, a partner of Save the Children