A loan of $450 helped a member to buy fruits.

Benkadi Group's story

Benkadi Group ("Harmony") is composed of married women who, on average, are 32 years old and have four children. They live with their siblings, cowives, children and husbands in traditional extended families in Torakabougou, a neighborhood of the city of Bougouni (third administrative region of the Republic of Mali). They came to know each other through ties of business, kinship and neighborhood.

Faced with the need to increase their working capital and boost their activity level, the group members decided to join the microfinance institution Soro Yiriwaso. This is their second loan, the first one having been repaid on schedule. They will use the loan to trade with soap, clothes and mangoes (the latter is Korotoumou's activity).

Korotoumou, who chairs the group, intends to use this loan to buy 5 sacks of 100 kilograms of unripe mangoes and 2 sacks of 100 kilograms of ripe mangoes from the various mango plantations in Bougouni and in nearby villages. She sells her fruits hawking through the streets and at the little market in Torakabougou, for cash or credit, to a clientele made up of women and men.

Thanks to this loan, Korotoumou expects to make an average profit of 15,000 CFA francs a month, which will be reinvested in her business.

In this group: Korotoumou , Awa, Mamou , Fanta

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Translated from French by Kiva volunteer Robert Mouris

Loan details

Lenders and lending teams

Loan details