A loan of $1,525 helped a member purchase of various items.

Benkadi (L'entente Est Bonne) Group's story

The Benkadi group is made up of married women, 32 years old with one child on average, and generally living in polygamous households in the neighborhood of Ouayerma II in the city of Sikasso (third largest economic region in Mali).
These women work in the sale of “Wax pagnes” (a very popular fabric in West Africa), second-hand clothing, soaps, sweet potatoes, potatoes, yams, fruits and vegetables and other items.
United through relatives and friends, the women of the group decided to incorporate a loan program through the micro finance institution Soro Yiriwaso with which they are requesting their fourth group loan, all the previous loans having been correctly repaid. With this loan they plan to buy 2 bundles of second-hand clothes, 5 pieces of “wax pagnes,” 30kg of scrap fabrics, 6 boxes of soaps, 10 loads of firewood and some baskets of fruits and vegetables.
In general they get their supplies at the large city market in Sikasso (sometimes in Bamako or Burkina Faso) at official wholesalers and in surrounding areas at local fruit and vegetable producers. Then they travel and sell these items in neighborhood markets with set booths. The sales are mostly paid cash down and sometimes on credit. The clientele is made up primarily of women.
They hope to earn a monthly profit of 22,500 F CFA, which they will use to pay loan interest and invest the remainder in business.

In this group: Assanatou, Aya, Aminata, Aminata, Mamou, Fatoumata, Mati, Coumba, Oumou

Translated from French by Kiva volunteer

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