A loan of $1,975 helped a member to buy 20 boxes of pasta.


Benkadi Group's story

Benkadi Group is made up of ten married women, who mostly live in polygamous families. They average 36 years of age and 5 children. They all live in Kanadjiguila, a neighborhood in Commune IV, Bamako District (capital of Mali).

They got acquainted through their money-earning businesses at the market in Kanadjiguila. They buy and sell pasta, condiments (tomato concentrate, eggplants, okra, shallots, garlic, Jumbo bouillon cubes, baobab tree fruit powder, bay laurel, oil, etc), cosmetics, earrings, hair clips and necklaces. They also serve food such as attiéké (fermented cassava flour), potatoes and grilled fish, and do sewing.

In order to bolster their working capital, the members of this group decided to work with Kiva's partner, Soro Yiriwaso, from which their are seeking their first group loan.

Mrs. Mariam (first one sitting on the left) has a big reputation as a seller of pasta and tomato concentrate at the market in Kanadjiguila. She intends to user her loan to buy 20 boxes of pasta.

She gets her supplies at the Grand Market in Bamako. She resells for cash and on credit, at her home and at the market in Kanadjiguila, to a clientele comprising mostly women.

With this loan, Mrs. Mariam hopes to turn an average monthly profit of XOF 40'000 (ca US$ 80), to be reinvested in her business.

In this group: Yah , Fanta , Korotoumou , Marie , Fatoumata , Djènèba , Mariam , Safi , Nagnouman , Ramata

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Translated from French by Kiva volunteer Patrick Stadelmann



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