A loan of $400 helped a member to purchase clothing to sell.


Benkola Group's story

All of them married in traditional extended families, the four women of the group Benkola average 41 years of age and nine children each. The women all live in the DALLAN de San district, in Région de Ségou (4th administrative region of the Republic of Mali), and they know one another through ties of community, marriage, and kinship. They buy and sell fabrics and a variety of items.

With the goal of increasing their business capital, the group members joined the microfinance institution Soro Yiriwaso and are now on their second solidarity loan.

Ms. ASSAN (first person standing from the left in the photo) intends to use her loan to purchase 6 lengths of Wax 'pagnes' (the colorful cloth of western Africa) and 6 damask outfits. She gets her supplies from wholesalers. Accepting cash, she makes her sales to a customer base composed of men and women.

With this loan, Ms. ASSAN hopes to make an average monthly profit of 15,000 francs CFA that will be used for reinvesting in her business and meeting household needs.

In this group: Bata , Alima , Kadia , Assan

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Translated from French by Kiva volunteer Daniel Kuey



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