A loan of $1,125 helped a member to buy soaps.

Badegna Group's story

The BADEGNA group comprises married women who are, on average, 46 years old with five children each. They live in traditional families in Massablacoura, one of the neighborhoods of the town of Bougouni (3rd administrative region of Mali).

It is the eleventh time that this group of women is taking a loan with the microfinance institution Soro Yiriwaso in order to meet the needs of their customers. They sell soaps, like Oumou, and other various goods and shoes.

With her loan, Oumou (wearing a yellow t-shirt in the photo) is planning to buy ten boxes of Koulikoro soaps and two boxes of soap powder packets.

After buying her merchandise in Bougouni she resells from home and at the market to a retail customer base comprising men and women. She sells for cash and on credit.

She is expecting average monthly profits to reach 35,000 CFA francs, part of which will be used to help her husband with the daily expenses, while the rest will be invested in the business.

In this group: Oumou , Djeneba , Mariam , Sali

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Translated from French by Kiva volunteer Sophie Narayan

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Loan details