A loan of $900 helped a member to purchase used clothing for resale.

Benkadi Group's story

The group Benkadi consists of six women, all of whom are married, and who have a mean age of 28 years and and average of three children. They live in traditional extended families with their husbands, cowives, brothers and sons. They live in the Hérémakono Nord district of the city Bougouni. They are linked through ties of vicinity, friendship and commerce. In order to strengthen their financial capacity and with the goal of improving their businesses, they joined the microfinance institution Soro Yiriwaso and are currently on their second loan cycle. The previous loan was paid in full. This group of women are merchants of used clothing and grain.

Assan, the group's president, is shown standing on the far left in the photo. She is a merchant who deals in used clothing and all types of grain. With her portion of the loan, she plans to purchase three parcels of used clothing from merchants in Bamako. Assan does business at the market and from her home, where she retails her goods for cash and on credit to a clientele composed mainly of women. Assan expects to make an average monthly income of 32,500 FCFA, which she will use to reinvest in her business as well as repay her loan.

In this group: Assan, Rokia, Korotoumou, Habi, Aminata, Awa

Translated from French by Kiva volunteer Jane Coe

Loan details

Lenders and lending teams

Loan details