A loan of $1,775 helped a member to purchase powdered milk.

Benkadi Group's story

The seven women of the group Benkadi are married for the most part in monogamous families. The women average 36 years of age and two children each. They all live in the village of Sèmèbougou, in Région de Ségou (4th administrative region of the Republic of Mali), and they know one another through ties of marriage, community, and kinship. They have small-scale businesses selling milk, bed sheets, Wax 'pagne' cloth, and cosmetics.

With the goal of increasing their business capital, the group members decided to collaborate with the microfinance institution Soro Yiriwaso and are now on their third solidarity loan cycle.

Ms. Aissata (first woman standing from the left in the photo) is known in the village of Sèmèbougou for selling milk of all kinds. She intends to use her loan to purchase 4 bags of powdered milk. She resupplies herself with milk from the big market in Ségou. Cash and credit sales are made at her home and by going door to door. Her customers are mostly women.

Ms. Aissata plans on making an average monthly profit of 40,000 francs CFA with this loan. The profits will be used for reinvesting in the business and ensuring the children's healthcare is covered.

In this group: Kadia , Cissé , Aissata , Nènè , Tâh , Faty , Belado
*not pictured

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Translated from French by Kiva volunteer Daniel Kuey

Loan details

Lenders and lending teams

Loan details