A loan of $1,875 helped a member to purchase soaps.


Benkan Group's story

The Benkan group is made up of 6 women, all of whom are married, with an average age of 30 years and 4 children each. They live in traditional extended families with their husbands, co-spouses, and children in the Massablacoura neighborhood of the city of Bougouni. The women came to know each other through neighbors, friendship, and their businesses.

In order to increase their financial capacity and to better conduct their business, the women partnered with the microfinance organization Soro Yiriwaso, with whom they are on their 4th loan. Their 3 previous loans were all fully repaid.

Rokia, pictured as the 2nd woman standing in the photo from left to right, is in the soap business. She plans to use her loan to purchse locally-made soaps from producers in Bougouni. She makes her sales at the market and from her home at retail for both cash and credit to a customer base made up mostly of women. She hopes to earn an average monthly profit of 45,000 francs CFA which she will reinvest in her business and use to repay the loan.

In this group: Rokia, Ramata, Awa, Maimouna, Binta, Djeneba

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Translated from French by Kiva volunteer Stephanie Long Phillips



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