Funded

Total loan: $1,300
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Benkadi Group

Mali
Sikasso, Mali / Fruits & Vegetables

A loan of $1,300 helped a member to buy vegetables.


Benkadi Group's story

The four members of the BENKADI solidarity group are married women who average 36 years of age and two children each. Most of them live in polygamous families in Mancourani I, a popular district of the city of Sikasso (third administrative region of Mali). This is their ninth loan cycle with the microfinance institution Soro Yiriwaso to satisfy the needs of their customers. Previous loans were correctly repaid.

KIA B. is a Benkadi group member who sells vegetables. With her loan, she plans to buy three 100 kg bags of cucumbers, six 100 kg bags of onions, four baskets of fresh tomatoes, and three 100 kg bags of cabbage. She buys her stock in the city of Sikasso and surrounding areas. She conducts her sales at the Mancourani I market in Sikasso, at a fixed location, and also from her home. She sells for cash to a clientele composed of both men and women.

She expects to earn an average monthly profit of 60,000 FCFA, which she will use to repay the loan, pay the interest, and boost her savings.

In this group: Chata, Kia , Fatoumata , Bintou
*not pictured

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Loan details

Loan length:

8 months
Disbursed date: March 15, 2011
Facilitated by Field Partner: Soro Yiriwaso, a partner of Save the Children

Lenders and lending teams



Loan details

Loan length:

8 months
Disbursed date: March 15, 2011
Facilitated by Field Partner: Soro Yiriwaso, a partner of Save the Children