A loan of $625 helped a member to buy fish.


Benkadi Group's story

The members of the Benkadi group are all married women. On average, they are 28 years old and have three children each. Most of them live in traditional families in the Massablacoura neighborhood of the city of Bougouni.

They know one another through friendship and professional ties. In order to boost their financial capacity and to better conduct their commercial activities, they have joined the microfinance institution Soro Yiriwaso and are on their second loan.

The women of the Benkadi group sell fish and condiments. Awa, sitting at the far right, buys and sells fish.

With her loan, she intends to buy 60 kg of fish per day from the Bozo fishermen of the city of Bougouni. She works as an itinerant seller, in Bougouni, and sells her merchandise for cash or on credit to a retail customer base consisting of men and women.

She is expecting average monthly profits to reach 50,000 CFA francs. She will invest these profits in her business, and also use them to cover medical expenses and repay her loan.

In this group: Awa , Maïmouna , Madie , Djelika

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Translated from French by Kiva volunteer Sophie Narayan



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Loan details