A loan of $1,650 helped a member to purchase 'pagne' cloth.


Badegna Group's story

The four women of the group Badegna are for the most part married in monogamous households, and they average 47 years of age and six children each, all living in the Sabalibougou area of the Bamako district. They know one another through ties of community and through their revenue-generating businesses at the Sabalibougou market. The group members have small-scale businesses selling vegetables (onions, sweet potatoes, …), clothing of all sorts: Wax or embroidered 'pagnes' (the colorful cloth of western Africa), damask fabrics, and secondhand clothing. With the goal of increase their business capital, the group members decided to collaborate with the microfinance institution Soro Yiriwaso and are now on their second solidarity loan cycle. Ms. Maï (sitting at the far right in the photo) has a great reputation selling Wax, embroidered, and damask fabrics. She intends to use her loan to purchase wholesale 35 lengths of Wax 'pagne' cloth at the big market. Accepting cash or credit, she resells them to a customer base composed mostly of women in Sabalibougou and by going door to door. With this loan, Ms. Maï hopes to make an average monthly profit of 75,000 francs CFA that will be used for reinvesting in her business and ensuring her children's healthcare at home.

In this group: Assan , Maï , Salimata , Awa
*not pictured

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Translated from French by Kiva volunteer Daniel Kuey



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Loan details