A loan of $425 helped a member to purchase condiments, such as salt, nuts, onions, and okra.

Badegna Group's story

The group BADEGNA is composed of married women, who average 44 years of age and five children each. They all live in traditional families in the village of TINGOLE, in Commune de TINGOLE, Préfecture de Dioïla, Région de Koulikoro (2nd administrative region of the Republic of Mali). They know one another through ties of kinship, community, and friendship. They work in food service and do commerce in condiments and charcoal.

The women of the group BADEGNA are on their fifth solidarity loan. With the goal of satisfying the enormous demand from their customers, they turned to the microfinance institution Soro Yiriwaso.

This client, MARIAM, who is the first person at the left in the photo, is uneducated. She is currently a vendor of condiments. She intends to purchase 25 kg of salt, 20 kg of néré nuts, 10 kg of dah nuts, 10 packets of Maggi cubes, 15 kg of onions, and 10 kg of dried okra from wholesalers at the Fana weekly market. Sales are made retail to a mixed customer base paying cash at her home and at the village market. She plans on making a profit of 33,000 francs CFA per month that will be invested in raising small ruminants.

In this group: Korotoumou , Bintou, Setou , Mariam

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Translated from French by Kiva volunteer Daniel Kuey

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Loan details