Funded

Total loan: $1,175
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Benkadi Group

Mali
Bougouni, Mali / Restaurant

A loan of $1,175 helped a member to buy ingredients for her restaurant.


Benkadi Group's story

The Benkadi group is made up of 4 married women with an average age of 30 and, on average, 4 children. They mostly live in nuclear family settings in the Massabla Coura district of Bougouni town. They got to know each other thanks to neighbourly and business relationships, and friendships. In order to strengthen their financial capacity so that they can better do business, the members of the group decided to join the Soro Yiriwaso microfinance institution and are on their 5th loan. The 4 preceeding loans were properly repaid. The women in the group sell items including second-hand clothing and condiments, and some are restaurateurs.

Kadia, the group leader and the woman wearing a yellow scarf on her head, makes and sells food including all sorts of kebabs and sweets. She plans to use her loan to buy 1 bag of wheat flour, 10 kgs of sugar and one can of cooking oil from the wholesalers in Bougouni. She makes her sales at the market and door-to-door to her retail clientèle, made up of men and women, for cash or credit. She expects to make an average monthly profit of 40 000 francs which will be reinvested in her business and used to repay her loan.

In this group: Kadia , Chata , Djenebou, Oumou
*not pictured

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Loan details

Loan length:

7 months
Disbursed date: October 3, 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: October 3, 2012
Facilitated by Field Partner: Soro Yiriwaso, a partner of Save the Children