A loan of $1,100 helped a member purchase of fresh fish, smoked fish, and food-grade ice.

Benkadi (Good Understanding) Group's story

The five members of the group Benkadi of the association Djiguissèmè are all married with an average age of 41 and on average, two children. They mostly live in monogamous households in the Bozo neigborhood in the Sous-Prefecture Markala (fourth administrative region of the Republic of Mali.)

United by bonds of ethnicity and profession, this group of Bozo women has been in existence for 10 years. They sell fish--fresh, smoked, and dried.

They are on their third group loan with the microfinance institution Soro Yiriwaso, having correctly reimbursed their first two loans.

This new loan will be used to buy 563 kg of fresh fish, 21 blocks of food-grade ice, and 6 cases of smoked fish. They buy their smoked fish in the villages of Mignon and Diado (Macina Prefecture) and their fresh fish in Niono (Dora village) and right in Markala on the banks of the Niger River from the fishermen. As for the ice, they buy it in
Seribala and in Dougabougou. The ice is used to preserve the fresh fish. The fish is sold in Bamako and in Markala itself, for cash and rarely on credit to a clientele composed of women and of men who come from the big cities and who re-sell what they buy.

They each hope to make a monthly average profit of 81.125 FCFA which will be used essentially to expand their businesses. Their ambition is to possess, each of them, a freezer so as to better preserve the fresh fish and thus raise their profit margin.

In this group: Minata, Fatoumata, Rabiata, Mah, Mamou

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Translated from French by Kiva volunteer Teresa Kramer

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