A loan of $725 helped a member to buy corn and niebe (cowpea) seeds.


Benkadi Group's story

Benkadi group members are married women who average 47 years of age with an average of six children. They live mostly in monogamous families in Kontabougou, one of the villages in the district of Sikasso, 3rd administrative region of Mali. They are in their first group loan with the Soro Yiriwaso micro-finance institution to meet the needs of their clients. Ms. Tenba, standing in first position from left to right, trades in corn and cowpeas. She intends to use her loan to buy around 450 kg of corn and 150 kg of cowpea seeds from producers. She and family members will then sell it for cash at retail prices at a fixed emplacement in the market to a clientele composed of men and women. She expects average monthly profits of 15,000 CFA francs, a portion of which is used to pay the loan and its interest and the remainder for her savings.

In this group: Rokia , Awa , Gnogo , Anchita , Dialia , Mariam , Tenba
*not pictured

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Translated from French by Kiva volunteer René McConnell



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Loan details