A loan of $1,225 helped a member to buy seasoning.


Badeya Group's story

The four members of the BADEYA group are in the majority married women with an average age of 39 years and 3 children. Most of them live in polygamous families in Ouayerma II, one of the working class neighbourhoods of the town of Sikasso (third administrative region of Mali). This is their twelfth loan with the microfinance institution Soro Yiriwaso in the interests of satisfying their customers. Alima, on the right in the photo, has been selling condiments for about 7 years and has a solid reputation in this business. She plans to purchase 8 bags of onions, two baskets of fresh peppers, 1 bag of dried peppers, 5 baskets of cabbages, 5 bags of table salt and 4 cartons of maggi cubes. She buys her stock in the local villages and at the big market in Sikasso. She sells her wares with her family at the big market in Sikasso town to a clientele of men and women who pay cash for retail purchase. She aims to make an average monthly profit of 42.500FCFA some of which will be used to repay the loan and the interests and some for savings. Her ambition is to increase her sales to better satisfy her customers.

In this group: Alima , Koumba , Mariam , Aicha
*not pictured

Translated from French by Kiva volunteer



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Loan details