A loan of $425 helped a member purchase of various articles for re-sale.

Badeya Group's story

The four women of this Badeya group are all married and come from monogamous families with an average age of 42 and on average, 4 children. They live in Médine, a neighborhood of the town of Sikasso, 3rd administrative region of Mali.

They are on their 11th loan with the micro-finance institution Soro Yiriwaso, with the intention of satisfying the needs of their clientele and increasing their profit. All the preceding loans were reimbursed without difficulty.

They have diverse businesses, among others selling soap, fruit, root crops (potatoes and cocoyams). They intend to buy 50 cases of soap, 20 containers of fruit, 15 sacks of potatoes, and 200 kg of cocoyams. They do their buying at the big open-air market of Sikasso, in Bamako, and in the surrounding villages. The merchandise is sold for cash, retail and for credit in the big market of Sikasso town where they live, out of their homes, and door-to-door, to a clientele composed of women and men.

They each expect to make an average monthly profit of 18,000 F CFA of which part will be used to help their husbands support their families and the rest will be reinvested into their businesses and used to reimburse the loan. The ambition of the women of this Badeya group is to become wholesalers in Sikasso.

In this group: Moussokoro, Aminata, Badji, Fanta

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Translated from French by Kiva volunteer Teresa Kramer

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