A loan of $1,975 helped a member to buy rice.

Benkadi Group's story

Predominantly married in traditional families with an average age of 40 years and four children, the seven women in the Benkadi group all live in the city of Sikasso (the third administrative region of Mali). They know one another through family ties, their neighborhood, and their businesses. They sell soap and rice, and also manufacture and sell sounbala [ground, cooked, and fermented seeds or beans]. In order to increase their working capital, the group members partnered with Soro Yiriwaso and are on their ninth loan cycle.

Lala, pictured standing first on the left, plans to use her loan to buy two bags of rice. She buys locally and makes her retail sales in the market and at home, on a cash and sometimes credit basis, to male and female customers. With this loan, Lala hopes to make an average monthly profit of 55,000 francs CFA that she will reinvest in the business and use to take care of some household needs.

In this group: Lala , Alima , Mariam , Fatoumata Oumar , Assetou , Abi , Djeneba

Translated from French by Kiva volunteer Anika Lindemuth

Loan details

Lenders and lending teams

Loan details