A loan of $1,075 helped a member to purchase flour.

Benkadi Group's story

The ten women of the group Benkadi all live in polygamous families, and they average 41 years of age and four children each. All the women live in the village of Bounou, in Région de Ségou (4th administrative region of the Republic of Mali). They know one another through ties of community, kinship, marriage, and their revenue-generating businesses in the village. They have small-scale businesses involving flour, clothing, condiments, and food service.

With the goal of increasing their business capital, the group members decided to collaborate with the microfinance institution Soro Yiriwaso and are now on their third solidarity loan cycle.

Ms. Hawa (first woman sitting from the left in the photo) is a major vendor of pâté and of sweetened flour in and around the village of Bounou. She intends to use her loan to purchase a sack of flour to meet the customer demand. Sales are made to a mixed customer base paying with cash and often on credit.

With this loan, Ms. Hawa hopes to make an average monthly profit of 16,000 francs CFA that will be used to cover her children's schooling costs and to increase her capital.

In this group: Kadia , Alimata , Mariam , Sitan , Djénéba , Hawa , Ba Yah , Minata , Sitan , Maman

Translator profile picture

Translated from French by Kiva volunteer Daniel Kuey

Loan details

Lenders and lending teams

Loan details