Funded

Total loan: $2,750
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Benkadi Group

Mali
Ségou, Mali / Clothing

A loan of $2,750 helped a member to buy pagnes wax (brightly printed West African clothing) and damask.


Benkadi Group's story

Mainly married in monogamous households and on average 44 years old with five children, the nine women of the Benkadi group all live in the Darsalam area of Ségou (the 4th administrative region of Mali) and know each other through neighbourhood relations, familial links, and their businesses at the Médine Ségou market. They run businesses selling soap, bed covers, cereals (millet and rice), pagnes wax (brightly printed West African cloth), and damask. With the goal of expanding their business, the group members joined Soro Yiriwaso and are on their tenth solidarity (group) loan. Kadiatou (all the way on the right in the photo) is a major merchant in Darsalam and at the Médine Ségou market, specializing in high quality pagnes wax and damask. She intends to use her loan to buy 21 sets of pagnes wax and damask. She gets her supplies at the grand market in Ségou and sometimes in Bamako. With this loan, Kadiatou hopes to realize an average monthly profit of 70,000 FCFA, which will be used to reinvest in her business and provide for her children's educational and other needs. Like the other women in the group, her ambition is to buy a plot of land to live on with the savings built up with Soro Yiriwaso.

In this group: Fanta , Oumou , Djèkè , N’Ta , Nièba , Kadiatou , Fanta , Doumbely , Djèkè
*not pictured

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Loan details

Loan length:

8 months
Disbursed date: January 17, 2013
Facilitated by Field Partner: Soro Yiriwaso, a partner of Save the Children

Lenders and lending teams



Loan details

Loan length:

8 months
Disbursed date: January 17, 2013
Facilitated by Field Partner: Soro Yiriwaso, a partner of Save the Children