A loan of $1,450 helped a member to buy and retail fruits and vegetables.

Benkadi Group's story

Most of the women in the Benkadi group are married. They average 23 years of age and 3 children. They live in nuclear traditional families, with their children and husbands, in the city of Dioïla, in the Koulikoro region in the Republic of Mali. They got acquainted through business bonds. Anxious to improve their businesses, they joined Kiva's partner, the microfinance institution Soro Yiriwaso, from which they are seeking their tenth solidarity loan (group loan). None of the previous loans was affected by bad reimbursement.

With this loan, they intend to buy 600 kg of eggplants, 280 kg of oranges, 120 kg of papayas, and a large amount of green vegetables. They purchase these products in vegetable gardens in Dioïla, to retail them at the grand market of that same city, for cash and on credit. Their clientele mostly comprises women working in the food serving business, housewives, and people fond of fruits and vegetables. They foresee turning a profit of XOF 35'000 (ca US$ 70), to be used to provide for their children's school expenses.

In this group: Oumou , Djeneba , Kadiatou , Wassa, Massa , Gourde

Translator profile picture

Translated from French by Kiva volunteer Patrick Stadelmann

Loan details

Lenders and lending teams

Loan details