A loan of $700 helped a member to buy condiments.

Benkadi (L’Entente) Group's story

The women of the group Benkadi (meaning "agreement" or "harmony") are all married. Averaging 45 years of age and 5 children each, they live in large traditional extended families in the village of Kouroubadougou in Kimparana sub-prefecture (Ségou region, Republic of Mali). They know one another through ties of community and family. They are in a rare business, selling dried baobab leaves and powdered fruit from the same tree. They buy these goods from women who gather them. The group members also make soap from karité butter (from the shea nut) and potash. The members are in high demand in their businesses.

In order to satisfy the ever-growing needs of their customers, the group members decided to join the micro-finance institution Soro Yiriwaso and are on their first solidarity loan (group loan).

With this loan, they want to buy sacks of leaves and baobab powder. These condiments are sold retail and in cash transactions at the Kimparana marketplace.

They hope to realize an average profit of 55,000 francs CFA in the course of this cycle. The profits will be used to pay the loan interest and to provide for the extended family. Their ambition is to obtain a larger loan in order to diversify their work by selling pagnes (colorful West African cloth) from Bobo.

In this group: Mariam , Sara , Setou , Namprè , Mariam , Rhout , Koro
*not pictured

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Translated from French by Kiva volunteer Daniel Kuey

Loan details

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Loan details