A loan of $2,800 helped a member to buy damask fabrics.


Badeya Group's story

The majority of the seven members of the BADEYA group are married women who are, on average, 38 years old, and have three children each. Most of them live in polygamous families in Mancourani I, one of the working-class neighborhoods of the city of Sikasso.

This is their thirteenth loan with the microfinance institution Soro Yiriwaso. They are taking this loan in order to satisfy the needs of their customers. Their previous loans were successfully completed.

Among the members of the BADEYA women's group, Nana sells dyed damask pagnes (traditional West-African fabrics). In the photo, she is in the standing row, second from the right. She is a popular seller and her products are in high demand.

With her loan, she is planning to buy some sets of damask pagnes ("riche" grade and other). She will then have them dyed according to the taste of her customers. She resells her merchandise for cash or on credit to customers of both genders. She buys her goods in Bamako and often at the Grand Market of the city of Sikasso.

She is expecting average monthly profits to reach 57,500 CFA francs, part of which will be used to pay off her loan and interest, while the rest will be put into savings.

Her ambition is to increase her turnover in order to better satisfy the needs of her customers.

In this group: Safiatou , Kadiatou , Djelika , Nana , Binta , Aminata , Sira

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Translated from French by Kiva volunteer Sophie Narayan



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