Funded

Total loan: $525
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Benkan Group

Mali
Sikasso, Mali / Retail

A loan of $525 helped a member to buy brooms.


Benkan Group's story

Made up of five married women, the members of the group Benkan mostly live in traditional families with an average age of 37 years and three children. They all live in the city of Sikasso (3rd administrative region of Mali) and met through family relationships, neighbors, and marriage. The members of the group do small business in brooms, shoes, shea butter, and pagnes (colorful wax cloth). With the goal of increasing their working capital, the members of the group joined Soro Yiriwaso and are in their fifth group loan cycle. Madame Fanta (first woman standing at the right of the photo) is the broom seller in the group. She counts on using the loan to buy six packages of brooms. She stocks up from peasant manufacturers and sells retail, for cash, at home and at the market, to a clientele mostly made up of women. With this loan, Madame Fanta counts on making a monthly profit of 23,000 francs CFA, which will be used for reinvestment in her business and helping her husband with certain family expenses.

In this group: Rokia , Tita , Kiatou , Fanta , Balakissa
*not pictured

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Loan details

Loan length:

8 months
Disbursed date: April 23, 2012
Facilitated by Field Partner: Soro Yiriwaso, a partner of Save the Children

Lenders and lending teams



Loan details

Loan length:

8 months
Disbursed date: April 23, 2012
Facilitated by Field Partner: Soro Yiriwaso, a partner of Save the Children