A loan of $1,575 helped a member to purchase shallots.

Benkadi Group's story

The four women in Benkadi group are mostly married within polygamous families. They are on average 45 years old and have three children. They are from Pelengana, center of the rural community in the Ségou region (4th administrative region of Mali). They know each other as neighbors, family friends, and business partners within the market Chateau Segou. They are in the business of selling condiments (shallots, tomatoes, peppers...), fire wood and bazin cloth.
In an effort to boost sales and restock their inventory, the group joined Soro Yiriwaso. They are on their 5th round of financing.
Mrs. Assetou (1st woman standing on the left of the photo) is a big seller of condiments at the market Château in Ségou. She intends to buy 1,300 tons of shallots from the farmers in a Niger region. The condiments are resold to accounts and on credit at the market Château in Ségou to mostly women clients. Mrs. Assetou is planning with the loan to derive an average monthly profit of 70,000 cfa francs. The profits will be reinvested in the business and to take care of the health and schooling needs of her children. Mrs. Assetou's goal is to eventually become a wholesaler with the help of the Soro Yiriwaso loans.

In this group: Awa , Djènèba , Assetou , Marama

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Translated from French by Kiva volunteer Emily Frye

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