Funded

Total loan: $1,225
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Benkadi Group

Mali
Fana , Mali / Clothing Sales

A loan of $1,225 helped a member purchase of fabric.


Benkadi Group's story

The women of Benkadi group are all married and on average 26-years old with three children. Most live with their immediate marital families. Their homes are in Sokoura-East, one of the neighborhoods of Dioïla (one of the prefectures of Koulikoro, the second-largest administrative region of the Republic of Mali). The women got to know each other through business relationships built around selling clothing, which is their main activity. Intending to strengthen their businesses, the women decided to become part of the microfinance institution Soro Yiriwaso and are now on their fifth loan. All of the previous loans were successfully repaid. They are planning to buy 100 bolts of fabric from Bamako (the Malian capital) from wholesalers. The bolts of fabric will be cut into three sections and sold on credit in Dioïla's market to customers including both men and women. They plan to make a profit of 50,000 Francs CFA from this loan and each one envisions using this money for health and education costs for their children.

In this group: Madoussou , Minata , Mariam , Dikore
*not pictured

Translated from French by Kiva volunteer Liana Bianchi



Loan details

Loan length:

8 months
Disbursed date: January 19, 2009
Facilitated by Field Partner: Soro Yiriwaso, a partner of Save the Children

Lenders and lending teams



Loan details

Loan length:

8 months
Disbursed date: January 19, 2009
Facilitated by Field Partner: Soro Yiriwaso, a partner of Save the Children