A loan of $750 helped a member to purchase clothing.

Benkan Group's story

Benkan is a group of women from Hamdallaye who live in large traditional families with their husbands, children, and other relatives. The women average 39 years of age and have least 5 children. This group of women does commerce in a variety of goods, such as clothing, cosmetic products, cloth, firewood, plasticware, and more. To expand their businesses, the group members decided to join the Soro Yiriwaso loan program for the first time.

Maichatou, who is a member of the group Benkan, is the one sitting at the end at the right in the photo. She is a vendor of clothing and fabrics. She intends to use her loan to purchase some clothing, fabrics, and several grades of 'pagnes' (the colorful cloth of western Africa). She procures these items in Koutiala and sells them to a diverse customer base at the house and at the market.

While the other members of the group Benkan plan on making an average profit of 95,000 francs CFA over the course of this loan cycle, Ms. Maichatou plans on making 105,000 francs.

In addition to paying back these loans, the women use part of the revenues to cope with personal expenses and to increase their business capital.

In this group: Maichatou, Salimata, Bakoro, Assetou, Mamou, Batoma, Marietou

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Translated from French by Kiva volunteer Daniel Kuey

Loan details

Lenders and lending teams

Loan details