Total loan: $1,100

Badegna Group

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Sikasso, Sikasso, Mali / Food

Badegna Group's loan finished fundraising,
but these similar borrowers just need a little more help to reach their goals!

A loan helped purchase of fruit and vegetables for resale.

Badegna Group's story

The Badegna group is made up of 5 married women, with an average age of 32 and on average, 2 children. They mostly live in monogamous families in Médine, one of the neighborhoods of the town of Sikasso, 3rd administrative region of Mali. They are on their 6th loan, working together with the Soro Yiriwaso microfinance institution, with the intention of satisfying their customers’ needs.

They have various businesses, among others selling fruit and vegetables. With this new loan, they intend to buy 20 wagonloads of fruit and 15 wagonloads of vegetables. They do their buying in the big market of Sikasso town and in surrounding villages. The goods are sold in the markets, out of their homes, walking around the neighborhoods or to order, to a clientele composed of men and women, and mostly for cash.

They each expect to make an average monthly profit of 23,000 F CFA, of which a part will be invested back into their businesses and the rest for savings.

Translated from French by Teresa Kramer, Kiva Volunteer