Funded

Total loan: $2,100
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Benkelema Group

Mali
Kadiolo , Mali / Restaurant

A loan of $2,100 helped a member to buy ingredients for the preparation of meals.


Benkelema Group's story

The majority of the six members of the BENKELEMA group are married women who, on average, are 37 years old and have six children each. Most of them live in monogamous families in Kadiolo (Noumousso), one of the districts of Sikasso (third-largest administrative division of Mali). They are on their eleventh loan with the microfinance institution Soro Yiriwaso and have duly repaid all their previous loans.

Korotoumou, the featured borrower, has been preparing meals for about seven years. In the photo, she is standing in the middle of the group. She is well-known in her field and receives many orders.

She buys her supplies (grains and condiments) in the town of Kadiolo and also often stocks up in the surrounding villages. She owns a very small restaurant in the town of Kadiolo and serves meals to both men and women. She sells her meals for cash and on a retail basis in her small restaurant and also from home.

She is expecting to make an average monthly profit of 45,000 CFA francs, part of which will be used to repay her loan and the interest while the rest will be saved.

In this group: Kadiatou , Korotoumou , Maminata , Wassa , Assetou, Mamou
*not pictured

Translator profile picture

Translated from French by Kiva volunteer Sophie Narayan



Loan details

Loan length:

8 months
Disbursed date: June 25, 2013
Facilitated by Field Partner: Soro Yiriwaso, a partner of Save the Children

Lenders and lending teams



Loan details

Loan length:

8 months
Disbursed date: June 25, 2013
Facilitated by Field Partner: Soro Yiriwaso, a partner of Save the Children