A loan of $2,125 helped a member to purchase peanuts.

Badeya Group's story

The group Badeya is composed mostly of monogamous women, who average 34 years of age and two children each, all living in N’tomikorobougou, a district of Bamako. The women know one another through community ties, and they have small-scale businesses involving peanuts, clothing, cosmetic products, charcoal, and dèguè [a millet pudding or porridge].

With the goal of increasing their business capital, the group members decided to collaborate with the the microfinance institution Soro Yiriwaso and are now on their second solidarity loan cycle.

Ms. Kandia (the woman sitting at the far left in the photo) is famous for selling quality peanut butter in any neighborhood. She intends to use her loan to purchase 4 sacks of peanuts wholesale at the market.

To make peanut butter, the best peanuts are selected, roasted, hulled, and then crushed in a mill. The paste prepared in this way is ready for retail sale to a customer base composed mostly of women.

With this loan, Ms. Kandia hopes to make an average monthly profit of 80,000 francs CFA that will be used for reinvesting in her business. Her goal is to maintain this relationship with Soro Yiriwaso in order to have much more money.

In this group: Assitan, Fanta, Assan, Kandia, Kiatou

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Translated from French by Kiva volunteer Daniel Kuey

Loan details

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Loan details