A loan of $500 helped a member to buy some millet.


Bendiya Group's story

All married and mostly in polygamous families, the ten women of the group Bendiya average 36 years of age and four children each. They all live in the village of Beni, in the region of Ségou (4th administrative region of Mali). And they know one another through ties of community, kinship, and marriage. They buy and sell soap, plastic utensils, condiments (peanut butter and peanut oil), millet, peanuts, and porridge.

With the goal of increasing their capital, the group members joined the microfinance institution Soro Yiriwaso and are now on their first solidarity loan.

Ms. Sitan (the second woman standing from left to right in the photo) is a major seller of grains of all qualities in and around the village of Beni. She plans on using her loan to buy 2 sacks of millet at the fair in Cinzana Gare. Cash or credit is accepted for sales to a customer base composed of men and women.

With this loan, Ms. Sitan hopes to make an average monthly profit of 10,000 francs CFA that will be used to reinvest in her business and to take care of her household needs for food.

Just like the other clients of the group, her ambition is to raise small ruminants in this partnership with Soro Yiriwaso.

In this group: Sitan , Teibatou , Nènè , Kadia , Satan , Sitan , Nah , Maïmouna , Hawa , Djelika

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Translated from French by Kiva volunteer Daniel Kuey



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