A loan of $650 helped a member to buy various goods.

Benkan Group's story

Benkan is a group of women from Koutiala Koulikoro who live in large traditional families with their husbands, children, and other parents. The women are, on average, 34 years old and have at least three children.

This group sells various goods, especially ointments, clothing, donuts, glasses, coolers, etc. To increase the size of their businesses, the group members decided to integrate into Soro Yiriwaso's loan program for the first time.

Awa, the first person standing on the right in the photo, sells glasses, milk, coolers, etc. She plans to use her loan to buy filled milk jugs, stainless steel cups, and coolers in Koutiala and surrounds, which she will sell at retail in a market to a mixed clientele.

While the other members of the Benkan group hopes to earn an average profit of 95,000 francs CFA for each cycle, Awa hopes to earn a 100,000 francs CFA. In addition to repaying the loan, she will use a part of her profits to support her personal needs and to increase her business funds. She hopes to strengthen her partnership with Soro Yiriwaso so that she never has to run out of stock.

In this group: Awa, Mai, Djelika, Djeneba, Minata, Mariam

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Translated from French by Kiva volunteer Lindsay Ferrara

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Loan details