A loan of $400 helped a member to buy grains.


Benso Group's story

BENSO is a group which is part of the Kelegna association of Ouelessebougou. It is made up of four married women who know one another through family and neighborhood ties. On average, they are 30 years old and have three children each. They are involved in various activities: Ada, second from the left in the photo, buys and sells grains; other members of the group buy and sell other various goods. They all live in large traditional families in Ouelessebougou, in the Cercle of Kati (Koulikoro Region, Republic of Mali).

The members of this group have been working in small retail business for several years, and their goods are in high demand. Eager to meet their customers' increasing needs, they have decided to join the loan program offered by Soro Yiriwaso. This is their first solidarity loan.

Ada is a very popular seller in Ouelessebougou and she excels in the sale of grains. She plans to use her loan to buy five bags of maize. She buys her goods from wholesalers, locally and in surrounding villages, and she resells her merchandise in Ouelessebougou, for cash or on credit, to a retail customer base consisting of men and women.

She is expecting to make a monthly profit of 15,000 CFA francs, a sum which will allow her to repay her loan and to reinvest in her business.

In this group: Ada, Fanta, Alima , Mariam

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Translated from French by Kiva volunteer Sophie Narayan



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