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


Benkan Group's story

The four members of the group Benkan are married women who live in polygamous families. They average 47 years of age and three children each. They live in the village of Nerekoro, in the region of Segou (4th administrative region of Mali) and know each other as neighbors and through ties of marriage and kinship. They work in small trade, selling rice (gambiaka, 2nd grade), green onions, etc. To bolster their working capital, the group members turned to the Soro Yiriwaso microfinance institution, and this is their 7th group loan cycle. Mrs. Awa (first on the right in the photo) enjoys a great reputation as a seller of a wide variety of rice. She will use her loan to buy 500 kg of rice. She conducts her sales from her home, for cash and on credit, to a clientele composed of both men and women. Mrs. Awa expects to earn an average monthly profit of 30,000 FCFA, which she will use to invest in her activity and to cover her children’s tuition fees. Like the other group members, she hopes that their partnership with Soro Yiriwaso will help to bolster her activity.

In this group: Aminata Bata , Alimata , Badialla , Awa
*not pictured

Translated from French by Kiva volunteer



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