A loan of $2,100 helped a member buy various products.

Badenya Group's story

The members of the Badenya group are women, married for the most part in polygamous families, and on average 40 years old with five children. They all live in Togo, one of the villages in the Segou prefecture (fourth administrative region of the Republic of Mali). They got to know each other as neighbors or through family ties, and are retailers of various products.

To increase their working capital and diversify their revenue-generating activities, they decided to join Soro Yiriwaso. After five group loans all correctly reimbursed, they are now requesting a sixth loan, which they will use to buy: 200 mortars, 10 cartloads of firewood, and 289 bags of charcoal.

They get the charcoal and firewood from village youths, and the mortars from blacksmiths in the village or from Noumou Wéré, a village seven kilometers distant. They retail their products for cash or on credit, from their home, as itinerant vendors or at Segou’s main market, to both men and women customers.

They hope to attain average monthly earnings of 25,650 FCFA each, which will be used to reimburse the loan, and for minor household expenditures. Their ambition is to buy oxen to enlarge their cultivated land-plots

In this group: Kadiatou Yeh , Sitan , Magnama , Satou , Maïchatou , Safiatou , Bounah , Selimata , Fanta , Kadiatou Nèma

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Translated from French by Kiva volunteer René McConnell

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