A loan of $1,275 helped a member buy hair extensions.


Benkadi Group's story

The Benkadi group is composed of four women mostly married in polygamous households. They are on average 38 years old with six children. They all live in the village of Kalaban-Coro, capital of the Kati district (in the second administrative region of Mali) and became acquainted through neighborhood ties.

Members of the group are small retail traders of cosmetics (ointments, lip gloss, perfumes,...), hair extensions, peanuts and clothes. Wishing to set up their stock supply, the group decided to work with Soro Yiriwaso and are on their fourth group loan cycle.

Ms. Ami (the woman sitting on the far right in the photo) has a great reputation in selling cosmetics and better-quality hair extensions. She intends to use her loan to buy 50 packages of hair extensions wholesale at the great market. Retail sales are conducted in Kalaban-Coro to a clientele composed mostly of women.

Ms. Ami hopes to achieve with this loan an average monthly profit of 90,000 CFA francs to be reinvested in the business. She aims to buy a lot for residential use in this relationship with Soro Yiriwaso.

In this group: Scia , Mariétou , Ami , Bata

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Translated from French by Kiva volunteer René McConnell



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