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Balimaya (La Parenté) Group
In this Group: Kadia, Fanta , Djènèba , Oumou , Mariam
Balimaya is a group of women from the Darsalam neighborhood of Koutiala who know each other well and who live in large traditional families with their husbands, children and other parents. They are on average 35 years old, all married and the mothers of at least 3 children each.
This group of women runs businesses selling various goods such as the sale of products meeting basic needs, catering, fruits and vegetables, clothing, grains, etc. To increase the size of their businesses, the group members decided to join the Soro Yiriwaso credit program 3 years ago. They are on their fifth group loan, having paid back all of their previous loans in full.
Mariam Sangaré is a member of the group Balimaya, who runs a boutique buying and selling various goods. She expects to use her loan to buy various merchandise (sugar, tea, candy, cookies, pasta, soaps, oil, powdered milk, etc). She buys her merchandise at the big market in Koutiala with wholesalers. She buys products for retail and for cash in a well-equipped boutique, to a diverse and varied client base. While the members of the group Balimaya expect to make an average profit of 120,000 FCFA each during the course of the loan, Mariam Sangaré expects to make 150,000 FCFA.
Besides paying back the loans, they will use a part of their income to deal with their families' current expenditures. They wish to see their partnership with Soro Yiriwaso reinforced so that they will have no further breaks in their supplies.
View original language description ↓
Balimaya est un regroupement de femmes du quartier Darsalam de Koutiala qui se connaissent bien et qui dans de grandes familles traditionnelles avec leurs maris, enfants et autres parents. Elles ont en moyenne 35 ans, sont toutes mariées et mères d’au moins 3 enfants.
Ce groupe de femmes fait le commerce d’articles divers tels, la vente des produits de première nécessité, la restauration, les fruits et légumes, les habillements, les céréales etc.
Pour augmenter la taille de leurs activités, les membres du groupe ont décidé d’intégrer le programme crédit de Soro Yiriwaso il y a 3 ans. Elles sont à leur cinquième prêt de groupe et tous les prêts précédents ont été bien remboursés.
Mariam Sangaré est un membre du groupe Balimaya qui est boutiquière d’achat vente d’articles divers.
Elle compte utiliser son prêt pour acheter diverses marchandises (sucre, thé bonbons, biscuits, pâtes alimentaires, savons, huile, du lait en poudre etc.
Elle achète ses marchandises au grand marché de Koutiala avec les grossistes. Elle vend ses produits en détail et au comptant dans une boutique bien aménagée, à une clientèle diverse et variée.
Tandis que Les membres du groupe Balimaya comptent réaliser un bénéfice moyen de 120 000FCFA chacune au cours de ce cycle Mariam Sangaré compte réaliser 150 000FCFA.
En plus du remboursement des prêts, elles utilisent une partie du revenu pour faire face aux dépenses courantes de la famille.
Elle souhaite voir renforcé ce partenariat avec Soro Yiriwaso pour qu’il n’y ait plus de ruptures de stocks.

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
  • 31
    View loans »
    Mali Loans Fundraising
  • $11,397,700
    Funds lent in using Kiva
  • 498.7
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD