Funded

Total loan: $700
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Badeya Group

Mali
Bougouni, Mali / Cereals

A loan of $700 helped a member to buy corn.


Badeya Group's story

The BADEYA group is made up of seven women, six of whom are married and one of whom is single. The women in the group are, on average, 33 years old, and each of the women has, on average, two children. The women live in large, traditional families with their husbands, co-spouses, brothers, and sons in the Heremakono neighborhood, north of the city of Bougouni.

The women all met each other through neighbors, friends, and business. They joined the microfinance institution, Soro Yiriwaso, in order to strengthen their financial capacity so that they can better carry out their business. This is their first loan from Soro Yiriwaso. The group sells grains, fruits, vegetables, non-alcoholic drinks, etc.

The group's president, DIALA, is the only woman standing in the photo. She buys and sells a wide variety of grains and vegetables, and she plans to use the loan to buy 500kg of corn from small-scale farmers. She sells her products retail at the market and from home, for cash or credit, to a clientele mostly made up of women.

She plans to earn a mean monthly profit of 15,000 FCFA, which she will use to reinvest in her business and pay back the loan.

In this group: Diala , Mah , Assetou , Afou , Mama , Assetou , Kadiatou
*not pictured

Translated from French by Kiva volunteer Holden Ferry



Loan details

Loan length:

7 months
Disbursed date: November 1, 2012
Facilitated by Field Partner: Soro Yiriwaso, a partner of Save the Children

Lenders and lending teams



Loan details

Loan length:

7 months
Disbursed date: November 1, 2012
Facilitated by Field Partner: Soro Yiriwaso, a partner of Save the Children