A loan of $600 helped a member to purchase grains.


Benkadi Group's story

Benkadi is a group from the association Kototala de Ouelessebougou. It comprises four women who know one another through ties of kinship and community. Their average age is 42. They are married, have at least four children, and operate different businesses, such as buying and selling condiments and grains, as does SETOU, who is the first person sitting at the left in the photo. The women live in large traditional families in Ouelessebougou, in the prefecture of Kati (Region of Koulikoro, Republic of Mali). They have been working in small-scale commerce for several years and are much in demand in their businesses. Concerned about meeting the growing need of their customers, the group members decided to join the loan program of the microfinance institution Soro Yiriwaso three years ago. They are now on their fourth solidarity loan. SETOU, who is the group's president and well-known in Ouelessebougou, excels in selling grains. She intends to use her loan to purchase 4 sacks of rice and 2 of corn. She gets her supplies in and around Ouelessebougou. Accepting cash or credit, she sells her grains retail in Ouelessebougou to a customer base composed of men and women. She is hoping for a monthly profit of 25,000 francs CFA, which will enable her to repay the loan and to reinvest in her business.

In this group: Sali, Sayon, Koura , Setou
*not pictured

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Translated from French by Kiva volunteer Daniel Kuey



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