A loan of $1,625 helped a member to buy local cloth.

Benkadi Group's story

All married in traditional extended families, the women of group Benkadi are on average 37 years old with five children. They all reside in the city of Koutiala in Sikasso region (third administrative region of Mali). They got to know each other as neighbors, relatives, and professionals. They buy and sell local cloth, traditional medicine, vegetables, and firewood.
To increase their working capital, the group's members decided to join Soro Yiriwaso’s loan program; they are on their fourth solidarity group loan.
Mamina, in second position from the left in the photo, is a great retailer of local cloth and of all sorts of medicine. Mamina is very much in demand and very appreciated for the quality of her fabrics and medicine. She is planning on using her loan to purchase ten assorted pieces of fabric from local wholesalers. She retails to a clientele of men and women against cash and credit.
With this loan, Mrs. Mamina hopes to make an average monthly profit of 40,000 FCFA, which will be partly reinvested in her business and partly used to cover some household expenses.

In this group: Kadiatou , Mamina , Maramou Moussa , Aminata , Ramata , Nassa , Maramou , Awa

Translator profile picture

Translated from French by Kiva volunteer Charlotte Buecheler

Loan details

Lenders and lending teams

Loan details