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Badenyaton Ii Group
In this Group: Foune , Minata , Marema, Hawa , Gnerekoudi , Sali , Kaya , Aliza, Ya, Jacqeline
BADENYATON II is a group of married women from the village of BIMAWERE, in the prefecture of SAN, Region of SÉGOU (4th administrative region of the Republic of Mali). The women live in traditional families, and they average 37 years of age and have at least six children. The group members grow peanuts, okra, and hibiscus flowers, etc.

Concerned about making their plantations profitable, the group members decided to join the loan program of the micro-finance institution Soro Yiriwaso two years ago. After having properly repaid their previous loans, they are now on their second farm loan.

SALI, who is standing third from the right in the photo with her hand placed on her child’s head, intends to use the current loan to pay for plowing and weeding and to buy a sufficient amount of peanut seeds, sundry supplies and equipment, and some inputs for farming. These items are purchased at the main market of Kimparana.

After wintertime, the harvested crops are stocked for a certain time, so that they gain value. And then they are sold retail (and often in bulk) and for cash at the main market of Kimparana and at surrounding markets. The customers generally come from large cities.

After selling the produce, the group members each plan on making a profit of 19,500 to 22,000 francs CFA that will be used for repaying the loan interest and for covering typical family expenses.
View original language description ↓
BADENYATON II est un regroupe de femmes mariées du village de BIMAWERE dans la préfecture de SAN région de SEGOU quatrième région administrative de la république du Mali. Elles vivent dans des familles traditionnelles. Elles ont en moyenne 37 ans, au moins 6 enfants et cultivent de l’arachide du gombo, du bisaps etc. Dans le souci de rentabiliser leurs exploitations agricoles, les membres du groupe BADENYATON II ont décidé d’intégrer le programme crédit de Soro Yiriwaso depuis maintenant 2 ans. Après avoir correctement remboursé les prêts précédents, elles sont à leur deuxième prêt de campagne.
SALI, qui est debout, troisième à droite la main sur la tête de l’enfant, compte utiliser le prêt actuel pour acheter, des semences d’arachide, payer les frais de labour et sarclage, des petits matériels et des intrants agricoles pour la culture, au grand marché de Kimparana. Après l’hivernage, les récoltes sont stockées pendant un certain temps pour qu’elles aient de la valeur avant d’être vendues au grand marché de Kimparana et dans les marchés environnants, en détail (souvent en gros), au comptant à une clientèle venant généralement des grandes villes.
Les membres du groupe comptent réaliser chacune, après l’écoulement de leurs produits agricoles, un bénéfice de 19500 à 22000 FCFA qui sera utilisé pour le remboursement des intérêts du prêt et les dépenses courantes de la famille.

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
  • 23
    View loans »
    Mali Loans Fundraising
  • $11,383,950
    Funds lent in using Kiva
  • 457.2
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Badenyaton Ii Group's $1,050 loan helped a member to buy farm inputs, seeds, and tools and to pay for labor.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
May 18, 2011
Listed
Jul 1, 2011
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2012