Funded

Total loan: $1,200
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Benkan Group

Mali
Bougouni, Mali / Cereals

A loan of $1,200 helped a member to buy cereals.


Benkan Group's story

The Benkan group is made up of six women, who are all married. On average they are 30 years old and have four children. They live in traditional extended families with their husbands, co-wives, brothers and sons in the Massablacoura neighbourhood of Bougouni.

They know each other through being neighbours, friends and business associates. They joined the Soro Yiriwaso microfinance institution in order to increase their capital and improve their businesses, and this is their fourth loan. The three previous loans were all paid in full.

These women are involved in trading cereals, like Rokia, who is pictured on the far left. With her loan, she will buy 900kg of maize from farmers. She sells to individuals at the market and from home, both for cash and on credit. Most of her customers are women.

Rokia is expecting to make an average of 30,000 CFA francs per month, which will be re-invested in the business and used to repay the loan.

In this group: Rokia , Ramata , Awa, Maimouna , Binta , Djeneba
*not pictured

Translated from French by Kiva volunteer Lucy Knight



Loan details

Loan length:

7 months
Disbursed date: May 2, 2013
Facilitated by Field Partner: Soro Yiriwaso, a partner of Save the Children

Lenders and lending teams



Loan details

Loan length:

7 months
Disbursed date: May 2, 2013
Facilitated by Field Partner: Soro Yiriwaso, a partner of Save the Children