A loan of $1,700 helped a member buy various items.


Benkadi Group's story

The women of the Benkadi group are on average 43 years old with three children, and all live in traditional extended families in Tene/Segou (the fourth administrative region of the Republic of Mali).

These women became acquainted through kinship ties and are retail merchants of various items. Having successfully repaid their previous loans, the women in the Benkadi group are on their 15th group loan.

Korotimi, the woman standing in the middle of the photograph, intends to use the loan to buy 20 pairs of plastic shoes, 10 lengths of Wax (colorful West-African fabric), 30 pairs of earrings and 1 roll of Bazin fabric.

She buys locally from wholesalers and conducts her retail sales to a clientele composed of women and men, for cash and often on credit.

She hopes to attain average monthly profits of 50,000 CFA francs, which will be used for health expenses and school fees. The remainder will be reinvested in the business.

In this group: Bintou , Kotimi , Korotimi , Sabre

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Translated from French by Kiva volunteer René McConnell



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Loan details