Check out some available loans that are similar to this one!
Badeya Group
In this Group: Alima , Koumba , Mariam , Aicha
The four members of the BADEYA group are in the majority married women with an average age of 39 years and 3 children. Most of them live in polygamous families in Ouayerma II, one of the working class neighbourhoods of the town of Sikasso (third administrative region of Mali).
This is their twelfth loan with the microfinance institution Soro Yiriwaso in the interests of satisfying their customers.
Alima, on the right in the photo, has been selling condiments for about 7 years and has a solid reputation in this business.
She plans to purchase 8 bags of onions, two baskets of fresh peppers, 1 bag of dried peppers, 5 baskets of cabbages, 5 bags of table salt and 4 cartons of maggi cubes. She buys her stock in the local villages and at the big market in Sikasso.
She sells her wares with her family at the big market in Sikasso town to a clientele of men and women who pay cash for retail purchase.
She aims to make an average monthly profit of 42.500FCFA some of which will be used to repay the loan and the interests and some for savings.
Her ambition is to increase her sales to better satisfy her customers.
Les quatre membres du groupe BADEYA sont en majorité des femmes mariées avec une moyenne d’âge de 39 ans et en moyenne 3 enfants. Elles vivent la plupart dans des familles polygamiques à Ouayerma II, un des quartiers populaires de la ville de Sikasso (3ème région administrative du Mali).
Elles sont à leur douzième prêt avec l’institution de microfinance Soro Yiriwaso afin de satisfaire le besoin de leur clientèle.
ALIMA, à droite de la photo, fait la vente de condiments, il y’a environ 7 ans et jouis d’une très grande notoriété dans cette activité.
Elle compte acheter avec son prêt, 8 sacs d’oignons, deux paniers de piments frais, 1 sac de piments séché, 5 paniers de des choux, 5 sacs de sel de cuisine, 4 cartons de cube maggie. Elle s’approvisionne dans les villages environnants et au grand marché de Sikasso.
Elle les revend au grand marché de Sikasso ville 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 42.500FCFA dont une partie est utilisée pour payer le prêt et son intérêt et l’autre pour son épargne.
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

  • $1,100
    Average annual income
  • 14
    View loans »
    Mali Loans Fundraising
  • $11,520,875
    Funds lent in using Kiva
  • 490.4
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD