A loan of $550 helped a member to buy smoked fish.

Benkan Group's story

The Benkan group is composed of five married women who average 32 years of age, with five children. They live in traditional extended families, with their brothers, sisters, co-wives, children and husbands. They live in the Dialanikoro district of the town of Bougouni, the third administrative region of Mali. They know each other through business activities as well as family and neighborhood contacts.
In order to secure working capital and be able to buy their goods for cash, they have decided to join the Soro Yiriwaso microfinance institution. They sell clothing, shoes, or smoked fish as for example, Dadon does. They are on their first group loan with Soro Yiriwaso.

Dadon plans to use her loan to buy four mid-size baskets of smoked fish at the big market of Bougoni, from vendors coming from Mopti (the fifth administrative region of Mali). She later retails for cash and on credit at the Bougoni market, to a customer base composed of both men and women.

Dadon plans to achieve an average monthly income of 20,000 West African Francs, which will be reinvested in her business.

In this group: Dikel, Sali, Sounoumba, Dadon, Sira

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Translated from French by Kiva volunteer Katharina S

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