A loan of $1,950 helped a member to buy 300 kg of peanuts.

Bendiya Group's story

The nine women of the Bendiya group are all married, and average 35 years of age and three children. They live in extended traditional families in Madoudiarrabougou, a village in Fana sub-prefecture, Koulikoro Region (second administrative region of the Republic of Mali). They got acquainted through bonds of kinship, neighborhood, and friendship. They sell various items and are now seeking their third group loan, to be used to buy peanuts, food condiments, yams and clothes.

TENIN S. intends to buy 300 kg of peanuts from resellers in the village. She sells daily on the village square, for cash and on credit, to a clientele comprising both men and women. She intends to turn an average monthly profit of XOF 25'000 (ca US$ 50), to be used to repay the loan, while the remainder will be reinvested in her business.

In this group: Sockouna, Tenin, Bafoune, Mariam, Hadja, Mane, Kati, Magnini, Paye

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Translated from French by Kiva volunteer Patrick Stadelmann

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