A loan of $600 helped a member purchase incense.

Badegna Group's story

The members of the Badegna group are all married, are on average 38 years old and have on average four children. They live in monogamous families in Heremakono Nord, one of the districts of the city of Bougouni (3rd administrative region of Mali).

They are entering their third collaboration with the Soro Yiriwaso microfinance institution, to satisfy the needs of their customers. This group of women is involved in general trade, the manufacturing and sale of incense (Ms. Bintou), food condiments and beauty products.

Ms. Bintou, who is dressed in a yellow bubu and is holding a plastic bucket, is planning to use her loan to buy five kilos of incense. She resupplies from wholesalers at the big market in Bougouni. She sells retail at the big market in Bougouni and at home to a clientele consisting of women for the most part, for cash or on credit.

She intends to realize an average monthly profit of 40.000 FCFA, part of which will be used to support her husband in dealing with daily expenditures, and the remainder invested in the business activity.

In this group: Bintou, Djeneba, Penda, Fatoumata

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Translated from French by Kiva volunteer René McConnell

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