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Badenya Group
In this Group: Oumou, Djeneba , Sali , Mariam
Composed of married women, the members of the group Badenya average 23 years of age and two children.  These women live in nuclear conjugal families with their children and husband, and they reside in the Massabla-Coura district of the city Bougouni (3rd administrative region of the Republic of Mali).  They know one another through ties of marriage, and they have businesses involving charcoal (such as Ms. Oumou Sangaré), firewood, clothing, etc.

Concerned about increasing their inventory of goods, so at to satisfy customer expectations, the group members decided to join the micro-finance institution Soro Yiriwaso and are now on their sixth group loan.  All the preceding ones have been repaid. 

Ms. Oumou Sangaré has been doing commerce in charcoal since she was young.  This lady says that she learned this trade from her mother's co-wife.  With this loan, she plans on buying five tonnes of charcoal from suppliers in and around Bougouni and then selling it retail for cash at the Bougouni market.  Her customer base is composed of women and men. 

With this loan, she hopes to obtain a monthly profit of 45,000 francs CFA, while the other group members plan on a monthly profit of 30,000 francs.  The women say the profit will be used for covering the health care costs of their children.
View original language description ↓
Composé des femmes mariées, les membres du groupe Badenya ont une moyenne d’âge de 23 ans et de 2 enfants. Elles vivent dans des familles conjugales nucléaires avec leurs enfants et époux. Ces femmes résident dans le quartier Massabla-coura de la ville de Bougouni (troisième région administrative de la république du Mali).
Elles se sont connues par des relations de mariage, et font le commerce de charbon de bois (tels Oumou Sangaré), de bois de chauffe, des vêtements etc.
Dans le souci d’augmenter leurs stocks enfin de satisfaire l’attente des clients, elles ont décidé d’adhérer à l’institution de microfinance Soro Yiriwaso, avec qui elles sont à leur sixième prêt de groupe et tous les prêts précédents ont été bien remboursées.
Madame Oumou Sangaré fait le commerce de charbon de bois depuis le bas âge. Selon cette dame, elle a appris ce métier auprès de la co-épouse de sa maman.
Avec ce prêt Oumou Sangaré compte acheter, 5 tonnes de charbon de bois auprès des fournisseurs de Bougouni et environ pour ensuite les revendre en détail et au comptant dans le marché de Bougouni. Sa clientèle est composée d’hommes et de femmes.
Avec ce prêt le elle espère obtenir un bénéfice mensuel de 45.000 FCFA alors que les autres membres du groupe comptent sur un bénéfice mensuel de 30000F CFA qui sera utilisé selon elles dans les frais de santé de leurs enfants.

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
  • 13
    View loans »
    Mali Loans Fundraising
  • $11,527,250
    Funds lent in using Kiva
  • 516.3
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD