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Badenya Group
In this Group: Ami , Nanou , Djélika , Sagnini , Thio , Banah , Ina
The seven women of the Badenya group are mostly married and live in monogamous families. They are 35 years old on average and have five children each. They live in the village of Zambougou, in the rural municipality of Sanando, in the Ségou region (fourth largest administrative region of Mali) and met through family and friends. The group's members sell dried fish, fresh tomatoes, garments, second hand clothes, and gruel. The women joined the Soro Yiriwaso microfinance association with the aim of boosting their business capital, and are now on their third loan. Madam Sagnini Traoré has built a reputation in the Zambougou village for selling gruel, and aims to use her loan to purchase four bags of millet wholesale at the Konodimini market.
To make gruel, she must first husk the seeds, wash them, crush them with a mill until they form semolina which she then heats to make gruel. She differentiates herself from other gruel vendors by adding curdled milk and sugar. She takes cash and credit sales from home or via door-to-door sales around the village. Her customer base is made up of men, women and children. Madam Sagnini Traoré aims to use the loan to generate an average monthly profit of 20,000 FCFA which will be used to reinvest in the business and to see to her family's needs. She would like to boost the scale of her business through her work with Soro Yiriwaso.
View original language description ↓
Les sept femmes du groupe Badenya sont mariées majoritairement dans des familles monogames avec en moyenne 35 ans et 5 enfants par femme. Elles habitent le village de Zambougou, dans la commune rurale de Sanando, région de Ségou (4ème Région administrative du Mali) et se sont connues à travers des liens de mariage et de parenté. Les membres du groupe font le commerce de poissons séchés, de tomates fraîches, d’habits, de la friperie et de la bouillie.
Dans le but d’augmenter leurs fonds de commerce les membres du groupe ont adhéré à Soro Yiriwaso et sont à leur 3ème cycle de prêt solidaire.
Madame Sagnini Traoré a une grande réputation dans le village de Zambougou pour sa vente de bouillie et elle compte utiliser son prêt pour acheter, 4 sacs de grains de mil en gros dans la foire de Konodimini.
Pour faire de la bouillie, on décortique les grains, les débarrasse du son, les laves, les broie au moulin pour avoir de la semoule qui est ensuite préparée au feu pour obtenir de la bouillie. A la différence des autres vendeuses de bouillie, elle l’agrémente avec du lait caillé et du sucre.
La vente se fait au comptant et à crédit, à domicile et en ambulant dans le village à une clientèle composée de femmes, d’hommes et d’enfants.
Madame Sagnini Traoré espère réaliser avec ce prêt un bénéfice mensuel moyen de 20 000FCFA qui sera utilisé pour être réinvesti dans l’activité et prendre en charge les petits besoins du foyer. Madame Sagnini Traoré a pour objectif d’augmenter le volume de son activité dans ce partenariat avec Soro Yiriwaso.

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
  • 26
    View loans »
    Mali Loans Fundraising
  • $9,945,750
    Funds lent in using Kiva
  • 465.7
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Badenya Group's $1,150 loan helped a member to purchase millet.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 24, 2011
Listed
Apr 1, 2011
Currency Exchange Loss:
Possible
Ended:
Oct 15, 2011