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Badeya Group
In this Group: Astan , Aminata , Tata , Fatoumata
The four members of the BADEYA group (three are single and one is married) are on average 26 years old and have one child. They live in monogamous families in Fama, a district of the city of Sikasso (the third administrative region of Mali).

They are on their seventh loan with the microfinance institution Soro Yiriwaso. Their goal is to satisfy the demand of their clients. All of the six previous loans have been properly repaid. This group of women is in the business of selling various articles such as fabric with Astan B..

Astan B. plans to buy 35 Wax pagnes (brightly colored fabric used for clothing). She gets her supplies at the main market in Sikasso and in Bamako.

The Wax pagnes are resold at retail at the market in Medine, in Hamdallaye, in Sikasso and within the family to a clientele composed of men and women.

She plans to make an average monthly profit of 75,000 FCFA which will be used to cover daily family expenses. Her goal is to increase her turnover in order to better meet the demand of her clients.
View original language description ↓
Les quatre membres du groupe BADEYA (3 célibataires et 1 mariée) ont une moyenne d’âge de 26 ans et en moyenne 1 enfant. Elles vivent dans des familles monogames à FAMA, un des quartiers de la ville de Sikasso (3ème région administrative du Mali).
Elles sont à leur septième collaboration avec l’institution de microfinance Soro Yiriwaso afin de satisfaire le besoin de leur clientèle et tous les six prêts passés ont été remboursés dans de bonnes conditions. Ce groupe de femmes fait le commerce d’articles divers tels les tissus avec ASTAN B..
ASTAN B. compte acheter avec son prêt, 35 pagnes wax.Elle s’approvisionne au grand marché de SIKASSO et à Bamako .
Les pagnes wax sont revendus au marché de MEDINE, de HAMDALLAYE à SIKASSO et en famille à une clientèle composée d’hommes et de femmes au comptant et en détail.
Elle envisage réaliser un bénéfice mensuel moyen de 75.000 FCFA qui sera utilisé pour les dépenses quotidiennes de la famille.
Elle ambitionne d’augmenter son chiffre d’affaire pour mieux satisfaire sa clientèle.

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

  • $1,200
    Average annual income
  • 7
    View loans »
    Mali Loans Fundraising
  • $9,921,450
    Funds lent in using Kiva
  • 508.4
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Badeya Group's $1,000 loan helped a member to buy Wax pagnes.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 22, 2010
Listed
Jan 11, 2011
Currency Exchange Loss:
Possible
Ended:
Jun 15, 2011