A loan of $2,675 helped a member to buy ingredients for food preparation.

Benkadi Group's story

The seven members of the Benkadi group, all married women, average 40 years of age, with at least four children each. They live in polygamous families in Bougoula Hameau, a village in Sikasso, the third administrative region of Mali. They are on their eighth collaboration with the Soro Yiriwaso microfinance institution, with the goal of meeting customer demand. The prior loans have been properly reimbursed. The group members cook food for sale, as Lala (the group’s leader) does, for example.

Lala plans to use her loan to buy 550 kg [1210 lbs] of rice and four boxes of Maggi bouillon cubes. She stocks up at the big market of Sikasso. She prepares food locally in her village, selling her dishes out of her home and at the market, to a customer bas composed of men and women, for cash. She plans to achieve an average monthly income of 100,000 West African Francs, which will be used for everyday family expenses.

Her goal is to increase her sales volume and better meet customer demand.

In this group: Lala, Alima, Mariam, Fatoumata, Assetou, Abi, Djeneba

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Translated from French by Kiva volunteer Katharina S

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