A loan of $200 helped a member to buy 20 sacks of peanuts.


Badenya Group's story

The four members of Badenya Group are for the most part married women who live in monogamous families. They average 38 years of age and three children.

They all live in Chiola, a village in Ségou Region (fourth administrative region of Mali), and got acquainted through business and bonds of neighborhood.

They retail cereals and peanuts. In order to bolster their working capital, the members of the group decided to collaborate with Kiva's partner, Soro Yiriwaso, from which they are seeking their sixth group loan.

Mrs. Djènèba (second woman from the left in the photograph) has a good reputation as a peanuts merchant in her village.

She intends to use her part of the loan to buy 20 sacks of peanuts. She gets her supplies from the fair in Konodimini.

She resells for cash and on credit, at her home and at the Medine market in Ségou, to a clientele comprising both men and women.

With this loan, she hopes to turn an average monthly profit of XOF 15'000 (ca US$ 30), to be reinvested in her business and used to ensure the daily food expenses of her family get covered.

Mrs. Djènèba's goal, which all members of the group share, is to expand her business, thanks to this partnership with Soro Yiriwaso.

In this group: Fatoumata B , Mariam , Fanta , Djènèba
*not pictured

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Translated from French by Kiva volunteer Patrick Stadelmann



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Loan details