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Badegna Group
In this Group: Bintou , Djeneba , Penda , Fatoumata
The members of the Badegna group are all married, are on average 38 years old and have on average four children. They live in monogamous families in Heremakono Nord, one of the districts of the city of Bougouni (3rd administrative region of Mali).

They are entering their third collaboration with the Soro Yiriwaso microfinance institution, to satisfy the needs of their customers. This group of women is involved in general trade, the manufacturing and sale of incense (Ms. Bintou), food condiments and beauty products.

Ms. Bintou, who is dressed in a yellow bubu and is holding a plastic bucket, is planning to use her loan to buy five kilos of incense. She resupplies from wholesalers at the big market in Bougouni. She sells retail at the big market in Bougouni and at home to a clientele consisting of women for the most part, for cash or on credit.

She intends to realize an average monthly profit of 40.000 FCFA, part of which will be used to support her husband in dealing with daily expenditures, and the remainder invested in the business activity.
View original language description ↓
Les membres du groupe BADEGNA sont toutes mariées, ont une moyenne d’âge de 38 ans et ont en moyenne 4 enfants. Elles vivent dans des familles monogames à HEREMAKONO NORD, un des quartiers de la ville de Bougouni (3ème région administrative du Mali).
Elles sont à leur troisième collaboration avec l’institution de microfinance Soro Yiriwaso afin de satisfaire le besoin de leur clientèle. Ce groupe de femmes fait le commerce général, la fabrication et la vente d’encens avec BINTOU, des condiments alimentaires et des produits de beauté .
BINTOU, qui a le seau en plastique sur son pied, en boubou jaune, compte acheter avec son prêt, 5 Kilos d’encens. Elle s’approvisionne au grand marché de Bougouni auprès des grossistes. Elle vend au grand marché de Bougouni et à domicile à une clientèle composée de femmes en général, en détail, au comptant et à crédit.
Elle envisage réaliser un bénéfice mensuel moyen de 40.000FCFA dont une partie sera utilisée pour l’appui de son mari dans les dépenses quotidiennes et l’autre partie sera investie dans les activités.

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
  • 29
    View loans »
    Mali Loans Fundraising
  • $10,710,025
    Funds lent in using Kiva
  • 506.5
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Badegna Group's $600 loan helped a member purchase incense.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 7, 2012
Listed
Jun 1, 2012
Currency Exchange Loss:
Possible
Ended:
Nov 15, 2012