A loan of $1,375 helped a member buying fruit.

Badenya Group's story

The members of the group Badenya are essentially married women averaging 36 years of age and three children living in monogamous families in MAMASSONI, a district in Sikasso City (3rd administrative region of the Republic of Mali). The group members are on their eighth collaboration with the micro-finance institution Soro Yiriwaso in order to meet the needs of their customers.  The previous loans have all been settled.  

The group members sell fruit and vegetables, as is the case with Ms. YOUMA K., and they are active in food service, etc.  With her loans YOUMA plans on buying 10 baskets of fruit and vegetables.  She gets her supplies at the big market of Sikasso.  Accepting cash and often credit from a customer base composed of men and women, she makes her sales out of her home, at the Sikasso market, and in neighboring villages.  

She envisions making an average monthly profit of 37,500 francs CFA. Part of the profits will be put into savings and used for meeting family needs. The other part will be invested in her business.  She is counting on having more capital in order to satisfy her customers further.  

In this group: Kadiatou, Youma, Ami, Adjara, Mamou, Chata, Minata, Assetou, Djeneba

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Translated from French by Kiva volunteer Daniel Kuey

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