A loan of $1,625 helped a member to buy charcoal.

Benkadi Group's story

Most of the women who make up the Benkadi group are married within monogamous households. On average, they are 35 years old and have four children each. They all live in Sabalibougou, a neighborhood located in the fifth commune of Bamako. They know each other through neighborhood and business ties as they are all involved in income-generating activities at the Sabalibougou market. The members of the group are involved in small retail businesses and sell charcoal, children's clothes, condiments, local juices, cosmetic products (skin care creams, earrings) and various other products (sugar, tea, soap etc.)

They have joined Soro Yiriwaso in order to increase their businesses, and this is their first solidarity loan cycle.

Awa, sitting first from the left in the photo, is an important seller of firewood and charcoal in her neighborhood. She plans to use her loan to buy 40 bags of charcoal. She stocks up in villages surrounding Bamako. She resells her goods at the market, for cash or on credit, to a customer base which mostly consists of women.

With this loan, Awa hopes to make an average monthly profit of 50,000 CFA francs which will be reinvested in her business and also used to take care of her family. Like the other members of the group, her goal is to buy a plot of land to build a house.

In this group: Mamou, Awa, Awa, Niamé, Fatoumata, Kadiatou, Djènèba, Awa

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Translated from French by Kiva volunteer Sophie Narayan

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