Funded

Total loan: $1,000
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Badeya Group

Mali
Sikasso, Mali / Clothing

A loan of $1,000 helped a member to buy Wax pagnes.


Badeya Group's story

The four members of the BADEYA group (three are single and one is married) are on average 26 years old and have one child. They live in monogamous families in Fama, a district of the city of Sikasso (the third administrative region of Mali).

They are on their seventh loan with the microfinance institution Soro Yiriwaso. Their goal is to satisfy the demand of their clients. All of the six previous loans have been properly repaid. This group of women is in the business of selling various articles such as fabric with Astan B..

Astan B. plans to buy 35 Wax pagnes (brightly colored fabric used for clothing). She gets her supplies at the main market in Sikasso and in Bamako.

The Wax pagnes are resold at retail at the market in Medine, in Hamdallaye, in Sikasso and within the family to a clientele composed of men and women.

She plans to make an average monthly profit of 75,000 FCFA which will be used to cover daily family expenses. Her goal is to increase her turnover in order to better meet the demand of her clients.

In this group: Astan , Aminata , Tata , Fatoumata
*not pictured

Translated from French by Kiva volunteer Shannon Arnold



Loan details

Loan length:

7 months
Disbursed date: December 22, 2010
Facilitated by Field Partner: Soro Yiriwaso, a partner of Save the Children

Lenders and lending teams



Loan details

Loan length:

7 months
Disbursed date: December 22, 2010
Facilitated by Field Partner: Soro Yiriwaso, a partner of Save the Children