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Badenya Group
In this Group: Chata , Fatoumata , Rokia , Mamou
Predominantly married in traditional families with an average age of 42 and five children, the women in the Badenya group all live in the city of Sikasso (third administrative region of Mali) and became acquainted through family ties, as neighbors and through their professional activities.

They sell food condiments, fabrics, grain cereals, fish, flat-cakes, etc. To increase their working capital, the group members joined Soro Yiriwaso and are on their second credit loan cycle.

Ms. Chata, the second person from right to left in the photo, plans to use her loan to purchase two baskets of smoked fish. She buys locally from Sikasso wholesalers and conducts her sales as an itinerant vendor, from home and at the market, to both men and women customers.

With this loan Ms. Chata expects to achieve an average monthly profit of 80,000 FCFA, to be reinvested in the business and to deal with some of the household needs.
View original language description ↓
Mariées majoritairement dans des familles traditionnelles avec une moyenne d’âge de 42 ans et 5 enfants, les femmes du groupe Badenya habitent toutes dans la ville de Sikasso (3ème Région administrative du Mali) et se sont connues à travers des liens de parenté, de voisinage et de leurs activités professionnelles.
Elles font de la vente de condiments alimentaires, des tissus, des céréales, des poissons, des galettes, etc.
Dans le but d’augmenter leurs fonds de commerce, les membres du groupe intègrent Soro Yiriwaso et sont à leur 2ème cycle de prêt solidaire.
Madame Chata, 2 eme de la droite vers la gauche sur la photo, compte utiliser son prêt pour acheter, 2 paniers de poissons fumé. Elle s’approvisionne sur place à Sikasso, auprès des grossistes et effectue ses ventes, en ambulant, à domicile et au marché, à une clientèle composée d’hommes et de femmes.
Madame Chata compte réaliser avec ce prêt un bénéfice mensuel moyen de 80.000 FCFA qui sera utilisé, pour être réinvesti dans l’activité et prendre en charge certains besoins du foyer.

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
  • 13
    View loans »
    Mali Loans Fundraising
  • $10,215,175
    Funds lent in using Kiva
  • 512.7
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Badenya Group's $600 loan helped a member buy smoked fish.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 11, 2012
Listed
Jul 1, 2012
Currency Exchange Loss:
Possible
Ended:
Nov 15, 2012