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Badeya Group
In this Group: Kadiatou , Ami , Mamou , Minata , Djeneba
The five members of the BADEYA group are mainly married women with an average age of 41 and an average of three children. For the most part, they live in polygamist families in Mamassoni, a suburb of Sikasso. They are on their tenth loan with the Microfinance Instituion Soro Yiriwaso so that they can meet the needs of their clients. Kadiatou, pictured in the center, sells potatoes, she has been doing this for about 10 years and has a good reputation. With her loan, she plans to buy five sacks of 50kg potatoes. She buys from producers in the Sikasso neighborhoods. She resells them at a retail market and to family; her clientele is made up of both men and women. She plans to make a monthly profit averaging 23,500 FCFA part of which will pay for the loan and its interest and the other part for savings. She plans to increase her business to better satisfy her customers.
View original language description ↓
Les cinq membres du groupe BADEYA sont essentiellement des femmes mariées avec une moyenne d’âge de 41 ans, et en moyenne 3 enfants. Elles vivent la plupart dans des familles polygamiques à MAMASSONI un des quartiers périphériques de la ville de Sikasso.
Elles sont à leur dixième prêt avec l’institution de microfinance Soro Yiriwaso afin de satisfaire le besoin de leur clientèle.
KADIATOU, debout au milieu, fait le commerce de pommes de terre, il y’a environ 10 ans et jouis d’une grande renommée à la matière.
Elle compte acheter avec son prêt, cinq sacs de 50kg de pommes de terre. Elle s’approvisionne chez les producteurs dans les voisinages de Sikasso ville.
Elle les revend en détail au marché et en famille à une clientèle composée d’hommes et de femmes au comptant.
Elle envisage réaliser un bénéfice mensuel moyen de 23.500FCFA 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

  • $1,200
    Average annual income
  • 22
    View loans »
    Mali Loans Fundraising
  • $10,282,350
    Funds lent in using Kiva
  • 492.6
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Badeya Group's $775 loan helped a member to buy potatoes.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 28, 2011
Listed
Dec 13, 2011
Currency Exchange Loss:
Possible
Ended:
May 28, 2012