A loan of $1,250 helped a member to purchase condiments.


Benkadi Group's story

The four members of the Benkadi group are mostly married women with an average age of 31, and an average of 4 children. They live mostly in monogamous families in Medine, in the town of Sikasso, third administrative region of Mali. This is their ninth loan to meet their customers’ needs with the microfinance institution Soro Yiriwaso. Madame Awa, first from the left and holding two squashes, sells condiments. With her loan, she intends to purchase five baskets of tomatoes, three boxes of Maggi cube that she will retail at the market of Medine in Sikasso. She sells for cash at a permanent stall and from home to a clientele composed of men and women. She plans on making an average monthly profit of 40,000 Francs CFA. Part of which is used to pay the loan and its interest and the other part for her savings. She aims to increase her turnover to better meet her customers’ demand.

In this group: Awa , Salimata , Sanata , Mama
*not pictured

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Translated from French by Kiva volunteer Veronique Fourment



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