A loan of $1,200 helped a member to purchase rice to sell.

Benkadi Group's story

The four women of the group Benkadi are for the most part married in polygamous households who average 40 years of age and four children each. The women all live in the village of Dona, in Commune Rurale de Cinzana Gare, in the Ségou region (4th administrative region of the Republic of Mali). They know one another through ties of kinship and marriage. The group members have small businesses involving charcoal and rice.

With the aim of resupplying themselves by using cash, the group members joined the microfinance institution Soro Yiriwaso and are now on their seventh solidarity loan.

Ms. Sata (the only woman seated in the photo) is known in and around the village for selling quality grains. She intends to use her loan to purchase 5 sacks of rice. She resupplies herself with rice at the Cinzana Gare fair and sometimes in Ségou from the fair-goers of Niono (Zone Office du Niger). Retail sales are made in cash or on credit from her home. Her customer base is composed mostly of men.

With this loan, Ms. Sata hopes to make an average monthly profit of 40,000 francs CFA that will be used for reinvesting in business, to meet household needs, and to care for the children. Her ambition is to become a wholesale merchant selling grains in this partnership with Soro Yiriwaso.

In this group: Fatoumata, Salimata, Sata, Assatou

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Translated from French by Kiva volunteer Daniel Kuey

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