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

Benkadi Group's story

Benkadi is a group of the Kototala association in Ouelessebougou. It comprises four women who know each other through family and neighbourhood connections. They are on average 42 years old with four children, and run various activities such as buying and selling condiments and cereals, which is the business run by Setou, sitting first from the right in the photo. They live in large traditional households in Ouelessebougou, in the Kati prefecture (Koulikoro region, Republic of Mali).
They have been involved in small business for several years and are highly sought-after for their work.
With the hope of satisfying the growing needs of their clientele, the group members decided to join Soro Yiriwaso's loan program three years ago. They are on their fifth solidarity (group) loan.
Setou, who is the group's president and very well known in Ouelessebougou, excels in her business of selling cereals. She intends to use her loan to buy two sacks of locally produced rice and one sack of maize. She gets her supplies in Ouelessebougou and the neighbouring towns, and sells her goods in Ouelessebougou at retail, in cash and on credit to a clientele composed of men and women.
She hopes to earn a monthly profit of 23,000 FCFA, a sum that will allow her to repay the loan and reinvest in her business.

In this group: Sali, Sayon, Koura, Setou

Translated from French by Kiva volunteer

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