Funded

Total loan: $425
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Benkadi Group

Mali
Fakola, Mali / Crafts

A loan of $425 helped a member to buy damask cloth for dyeing.


Benkadi Group's story

The members of the Benkadi group are married women who live in equality in traditional nuclear families. They have an average age of 33 and, on average, 4 children. They all live in the town of Fakola, in the Koko district (third administrative region of Mali) and got to know each other through family and neighbourly relationships, and marriage. The group members are small retailers of clothing, pancakes, attiéké (a dish made from fermented cassava couscous) and condiments. The members of the group decided to join Soro Yiriwaso in order to increase their working capital and are on their first group loan cycle.

Fanta (sitting on the right in the picture) sells clothing. She plans to use her loan to buy 5 bolts of damask cloth which she will dye. She gets her supplies from the wholesalers in Bamako and makes her sales for cash or credit, door-to-door and at the market, to a retail clientèle made up of men and women. Thanks to this loan, Fanta expects to make a monthly profit of 35 000 francs, part of which she will reinvest in her business, and part of which will be used to support her husband with some of the family expenses.

In this group: Djenebou, Ami, Fanta , Ami
*not pictured

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Loan details

Loan length:

8 months
Disbursed date: July 23, 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: July 23, 2013
Facilitated by Field Partner: Soro Yiriwaso, a partner of Save the Children