A loan of $575 helped a member to purchase charcoal and firewood.


Benk Group's story

The members of the BENK group are all married women who average 30 years of age and three children each. They live in extended traditional conjugal families with their brothers, sisters, co-wives, children, and husbands. They reside in the village of DIOUTIEBOUGOU, in the prefecture of BOUGOUNI, third administrative region of the Republic of Mali. They know one another through family ties.

Having encountered many difficulties in buying condiments for cash from their suppliers, they decided to join the microfinance institution Soro Yiriwaso to bolster their purchasing power in order to pursue their food services and charcoal sales activities. This is their ninth group loan, and all previous loans were correctly repaid.

Mrs. Mariam D. will use her loan to buy 25 bags of charcoal and 10 cartloads of firewood from the coal producers of DIOUTIEBOUGOU. She sells at retail and wholesale, for cash and credit, to a mostly female clientele.

With this loan, the members expect to earn a monthly profit of 25,000 FCFA, which will be used to cover the children’s health care expenses and school fees.

In this group: Gnéba , Diatou , Te , Nagnouma, Mariam

Translated from French by Kiva volunteer



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Loan details