A loan of $1,225 helped a member to purchase clothing.


Benkadi Group's story

The group Benkadi comprises five married women and one widow. They average 30 years of age and three children each and live for the most part in traditional families in the Massablacoura district in Bougouni City. They know one another through ties of community, friendship, and commerce. To bolster their financial capacity, so as to work in commerce better, they joined the microfinance institution Soro Yiriwaso and are now on their second loan. This group of women does commerce in grains, cosmetics, firewood, shoes, clothing, and general merchandise.

N’tenin, who is the group member with papers in hand in the photo, buys and sells clothing. She intends to use her loan to purchase 15 lengths of 'pagnes' (the colorful cloth of western Africa) of different sorts from Bougouni wholesalers. She makes her sales at the market and at home at the retail level. Accepting cash or credit, she sells to a customer base composed of men and women.

She envisions making an average monthly profit of 30,000 francs CFA that will be used to invest in her business and to repay the loan.

In this group: N’Tenin , Sitan , Nana , Korotoumou , Awa , Korotoumou
*not pictured

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Translated from French by Kiva volunteer Daniel Kuey



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