Funded

Total loan: $875
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Benkadi Group

Mali
Sikasso, Mali / Used Clothing

A loan of $875 helped a member to buy secondhand clothing.


Benkadi Group's story

Married for the most part in traditional families and averaging 38 years of age and four children each, the six women of the group Benkadi all live in Sikasso City (3rd administrative region of the Republic of Mali) and know one another through ties of kinship, community, and their professional work. They sell secondhand clothing, fruit & vegetables, and soaps.

With the goal of increasing their business capital, the group members joined the microfinance institution Soro Yiriwaso and are now on their second solidarity loan. The first loan was correctly repaid.

Ms. Fanta, the only one sitting (in the photo), plans on using her loan to buy a bale of used clothing. She gets her supplies locally in Sikasso from wholesalers and makes her sales door to door and at home. Her customer base is composed of men and women.

With this loan, Ms. Fanta plans on making an average monthly profit of 30,000 francs CFA that will be used for reinvesting in the business and for covering certain household needs.

In this group: Fanta , Aby , Afou , Minata , Mamou, Brakissa
*not pictured

Translator profile picture

Translated from French by Kiva volunteer Daniel Kuey



Loan details

Loan length:

7 months
Disbursed date: May 14, 2012
Facilitated by Field Partner: Soro Yiriwaso, a partner of Save the Children

Lenders and lending teams



Loan details

Loan length:

7 months
Disbursed date: May 14, 2012
Facilitated by Field Partner: Soro Yiriwaso, a partner of Save the Children