A loan of $1,250 helped a member to buy condiments, fruits and vegetables for resale.

Badegna Group's story

The BADEGNA group consists of married women who average 29 years of age and four children each. They live in polygamous families in the city of Bougouni, located in the Medina district. They know one another as neighbors and through their trade. They sell food condiments, fruits and vegetables. This is their fifth loan with the microfinance institution Soro Yiriwaso, and all previous loans were repaid without problems.

FANTA is the president of the group. She is sitting at the front in the photo with a basket of fresh tomatoes and cabbage. She will use her loan to purchase 400 kg of fresh tomatoes, 300 kg of cabbage, and various small packets of condiments (fièfiè, pepper, okra powder and Sounbala). She buys her merchandise from wholesalers in Bamako, and she conducts her sales at retail at the big market of Bougouni and from her home, for cash or credit, to a clientele consisting mainly of women.

She expects to earn a monthly profit of 40,000FCFA, part of which is to be used to cover the costs of the children’s healthcare and education, and the remainder to be reinvested in her business.

In this group: Fanta , Mariam , Bintou, Bintou , Batoma S

Translated from French by Kiva volunteer

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Loan details