Funded

Total loan: $3,125
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Badegna Group

Mali
District de Bamako, Mali / Used Clothing

A loan of $3,125 helped a member to purchase clothing (used).


Badegna Group's story

The six women of the group Badegna are all married and living in polygamous households. The women average 49 years of age and six children each, all living in the Sabalibougou area, in the district of Bamako. And they know one another through neighborhood ties and through their revenue-generating businesses at the Sabalibougou market. The group members have small-scale businesses involving clothing (used) of all qualities; and grains.

With the goal of renewing their cash supplies, the group members decided to join the microfinance institution Soro Yiriwaso and are now on their fourth solidarity loan.

Ms. Aminata (the woman sitting at the far right in the photo) is famous for selling clothing (used) of all qualities. She intends to use this loan to purchase 3 bales of secondhand clothing wholesale in Médine. By hawking, her sales are made to a customer base composed mostly of women paying with cash or credit in Sabalibougou.

With this loan, Ms. Aminata plans on making an average monthly profit of 100,000 francs CFA that will be used for reinvesting in her work and ensuring her children’s care at home.

In this group: Assan , Maï , Aminata , Awa , Aminata *, Korotoumou
*not pictured

Translator profile picture

Translated from French by Kiva volunteer Daniel Kuey



Loan details

Loan length:

6 months
Disbursed date: May 26, 2014
Facilitated by Field Partner: Soro Yiriwaso, a partner of Save the Children

Lenders and lending teams



Loan details

Loan length:

6 months
Disbursed date: May 26, 2014
Facilitated by Field Partner: Soro Yiriwaso, a partner of Save the Children