A loan of $2,100 helped a member to purchase utensils.

Benkan Group's story

The five members of the group Benkan are married for the most part in monogamous households. The women average 39 years of age and three children each, all living in Sikoroni, a district in Bamako. And they know one another through ties of kinship, community, and their revenue-generating businesses. The group members sell plastic utensils, clothing, and cosmetic products.

With plans to build up their inventory of goods, the group members decided to turn toward the microfinance institution Soro Yiriwaso and are now on their second solidarity loan.

Ms. Ramata (the woman standing at the far left in the photo) is a major vendor of plastic utensils. She intends to use this loan to purchase 80 bowls and 40 basins. She gets her supplies at the big market. Her sales are made by hawking, and sometime by special order, to a customer base composed mostly of women paying with cash or credit.

With this loan, Ms. Ramata plans on making an average monthly profit of 90,000 francs CFA that will be used for ensuring her children’s healthcare. Her goal is to increase her business volume through this partnership with Soro Yiriwaso.

In this group: Lala, Fatoumata, Ramata, Sitan, Indienne

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Translated from French by Kiva volunteer Daniel Kuey

Loan details

Lenders and lending teams

Loan details