A loan of $1,900 helped a member to buy clothing.

Benkola (Soyons D’Accord) Group's story

Benkola is a group of women in the Koko district of Koutiala who live in large traditional families. They are all married and on average are 40 years old with 5 children. This group of women sell various items such as clothing, grains, vegetables, and all sorts of condiments etc. In order to increase the size of their businesses, the group members decided to join the Soro Yiriwaso loan program two years ago. This is their fourth group loan and all previous loans have been fully repaid. Ramata Koné is a member of the Benkola group who sells all kinds of clothing made from damasks, wax pagnes (a wax-dyed fabric) and bogolans (hand-dyed fabric). She plans to use her loan to buy pieces of damask and wax pagne in Bamako and some fabrics in Bobo Dioulasso. She sells these items wholesale or retail, for credit and cash, at the Koutiala Grand Market to a diverse and varied clientele.
While the other members of the Benkola group hope to make an average profit of 140,000 CFA each during this cycle, Ramata Koné hopes to make 160,000 CFA. In addition to repaying the loans, they will use part of their income to provide for their families’ everyday expenses.They want to see this partnership with Soro Yiriwaso strengthened so that their stock doesn't become scarce.

In this group: Assetou, Ramata, Oumou, Kadia, Mariam, Fanta, Assan

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Translated from French by Kiva volunteer Connie Archea

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