A loan of $1,200 helped a member to buy grain.

Benkadi Group's story

Married for the most part in polygamous families, the six women of the group Benkadi average 43 years of age and six children each. The women all live in the village of Massala, the seat of the Rural Commune, in the Region of Ségou (4th administrative region of Mali). They know one another through the village fair. The group members have small-scale businesses involving condiments (tomatoes, onions, …), tubers, and grain.

With the goal of increasing their business capital, the group members found out how to join [the microfinance institution Soro Yiriwaso] and are now on their second solidarity loan cycle.

Ms. Ramatou (second woman from the right in the photo) is a major seller of grain in the village. She intends to use her loan to buy 4 sacks of millet. She resupplies herself with rice at the big market of Ségou from wholesalers from Niono. Cash or credit, the retail sales are made at the fair and out of her house to a customer base composed of men and women.

With the loan, Ms. Ramatou plans to make an average monthly profit of 35,000 francs CFA that will be used for reinvesting in her business and meeting household needs in terms of basic necessities. Just like the other women of the group, she has the goal of devoting her time to raising small ruminants in this partnership with Soro Yiriwaso.

In this group: Djelika , Fatoumata , Ramatou , Djelika , Kadia , Sékou Nah

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Translated from French by Kiva volunteer Daniel Kuey

Loan details

Lenders and lending teams

Loan details