Check out some available loans that are similar to this one!
Badenyakadi 2 Group
In this Group: Setou, Mamou, Adiaratou Amidou, Diata Daouda , Djeneba Moussa , Kari Diakalia , Maramou , Oumou , Dialia , Kari
The members of the Badenyakadi 2 group are married women, on average 34 years old with 5 children, and all live in polygamous households in Saniena, one of the towns in Sikasso, the 3rd administrative region of Mali.
They work with the microfinance institution Soro Yiriwaso in order to manage their agricultural activities during the rainy season.
They are on their second loan with the institution, and the previous loan was repaid properly.
Setou, standing in the middle in the photo, grows peanuts.
With her loan, she intends to pay for manual labour and buy agricultural inputs to cultivate 1 hectare.
The produce is sold at the town level at the Sikasso market after the harvest to a clientele composed of men and women.
She intends to realize an average profit of 150,000 FCFA per cycle.
This profit will allow her to repay her loan and also to help her husband with the daily household expenses.
Les membres du groupe BADENYAKADI 2 sont des femmes mariées ayant une moyenne d’âge de 34 ans, 5 enfants et vivant toutes dans des familles polygames à SANIENA, un des villages de SIKASSO, 3ème région administrative du Mali.
Elles collaborent avec l’institution de microfinance Soro Yiriwaso afin de mener à bien leurs activités agricoles pendant l’hivernage.
Elles sont à leur deuxième prêt avec l’institution, le prêt passé a été bien remboursé.
La spéculation cultivée est l’arachide avec SETOU debout au milieu.
Avec son prêt, elle compte payer les labours et acheter les intrants pour entretenir 1 hectare.
La production est vendue au niveau du village, au marché de SIKASSO après la récolte à une clientèle composée d’hommes et de femmes.
Elle compte réaliser un bénéfice moyen de 150.000 FCFA par campagne.
Ce bénéfice lui permettra de payer son prêt et aussi d’aider son mari dans les dépenses quotidiennes.

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
  • $9,945,750
    Funds lent in using Kiva
  • 523.2
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Badenyakadi 2 Group's $900 loan helped a member to pay for agricultural inputs and labour.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jul 27, 2012
Listed
Oct 1, 2012
Currency Exchange Loss:
Possible
Ended:
Apr 17, 2013