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Badenya Group
In this Group: Kadiatou Yeh , Sitan , Magnama , Satou , Maïchatou , Safiatou , Bounah , Selimata , Fanta , Kadiatou Nèma
The members of the Badenya group are women, married for the most part in polygamous families, and on average 40 years old with five children. They all live in Togo, one of the villages in the Segou prefecture (fourth administrative region of the Republic of Mali). They got to know each other as neighbors or through family ties, and are retailers of various products.

To increase their working capital and diversify their revenue-generating activities, they decided to join Soro Yiriwaso. After five group loans all correctly reimbursed, they are now requesting a sixth loan, which they will use to buy: 200 mortars, 10 cartloads of firewood, and 289 bags of charcoal.

They get the charcoal and firewood from village youths, and the mortars from blacksmiths in the village or from Noumou Wéré, a village seven kilometers distant. They retail their products for cash or on credit, from their home, as itinerant vendors or at Segou’s main market, to both men and women customers.

They hope to attain average monthly earnings of 25,650 FCFA each, which will be used to reimburse the loan, and for minor household expenditures. Their ambition is to buy oxen to enlarge their cultivated land-plots
View original language description ↓
Les membres du groupe Badenya sont des femmes, mariées majoritairement dans des familles polygames avec en moyenne 40 ans et 5 enfants. Elles habitent toutes à Togo, un des villages de la préfecture de Ségou (4ème région administrative du Mali).
Elles se sont connues à travers des liens de voisinage, de parenté et font le commerce d’articles divers.
Dans le but d’augmenter leurs fonds de commerce tout en diversifiant leurs activités génératrices de revenus, elles ont décidé de collaborer avec Soro Yiriwaso. Après 5 prêts solidaires tous correctement remboursés, elles sont à leur 6ème prêt, qu’elles comptent utiliser pour acheter, 200 mortiers, 10 chargements de charrettes en bois de chauffe et 289 sacs de charbon de bois. Elles s’approvisionnent en charbon de bois et bois de chauffe auprès des jeunes du village, en mortiers avec les forgerons du village et de ceux de Noumou Wêrê un village situé à 7 km. Elles revendent au comptant et à crédit à domicile, en ambulant et au grand marché de Ségou à une clientèle mixte.
Elles envisagent réaliser un bénéfice mensuel moyen de 25.650FCA qui sera utilisé dans le remboursement du prêt et les petits besoins de la famille.
Elles ont pour ambition d’acheter des bœufs de labour afin d’augmenter leurs parcelles de culture.

Additional Information

Important Information

Soro Yiriwaso is a microfinance institution that works primarily in rural and semi-urban areas of Mali to provide underprivileged communities with access to financial services.The organization facilitates access for disadvantaged clients, particularly women, to new resources and services, fostering solidarity and cooperation among its clients. Kiva lenders’ funds will enable Soro Yiriwaso to expand its outreach and target even more underserved Malians involved in business and agriculture.

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.

About Mali

  • $1,100
    Average annual income
  • 26
    View loans »
    Mali Loans Fundraising
  • $11,465,250
    Funds lent in using Kiva
  • 481.8
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD