A loan of $600 helped a member to purchase secondhand clothing to sell.

Benkadi Group's story

The group BENKADI is composed of four women averaging 37 years of age and three children each. They live in traditional extended families with their husband, co-wives, brothers, and sons in the NIEBALA district of Bougouni City.

They know one another through ties of community, friendship, and commerce. To bolster their financial capacity, so as to do better in business, they joined the microfinance institution Soro Yiriwaso and are now on their fifth loan. The four previous loans were correctly repaid. This group of women does business in secondhand clothing and grains.

MARIAM, who is the group's president, is the one standing behind the other group members in the photo. She buys and sell a variety of goods: used clothing, soap, and beads of all kinds, and she intends to use her loan to purchase 2 packets of secondhand clothing from Bamako wholesalers. Accepting cash or credit from a customer base composed essentially of women, she makes her sales retail at the market and at home.

She envisions making an average monthly profit of 25,000 francs CFA that will be invested in her business and used to repay the loan.

In this group: Mariam, Maimouna , Korotoumou , Djenebou

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Translated from French by Kiva volunteer Daniel Kuey

Loan details

Lenders and lending teams

Loan details