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Badeya Group
In this Group: Astan , Aminata , Tata , Fatoumata
The four members of the Badeya group are all married women, live mainly in traditional households, and are on average 33 years old with 3 children. They all live in the city of Sikasso (3rd administrative region of Mali) and know each other through familial, neighbourhood, and marital relations.
The group members run small businesses selling pagnes (brightly-printed cloth) of the "wax" type, shoes, charcoal, and firewood.
With the goal of increasing their business, the group members joined Soro Yiriwaso and are on their 11th solidarity (group) loan cycle.
Ms. Astan (standing second from the right in the photo) is the group's seller of pagnes wax. She intends to use her loan to buy 7 sets of pagnes wax. She gets her supplies from wholesalers and sells her goods at retail, in cash and on credit, at home and at the market, to a clientele composed essentially of women.
With this loan, Ms. Astan intends to realize an average monthly profit of 42,000 FCFA, which will be used to reinvest in her business and to help her husband with certain household expenses.
Constitué exclusivement de femmes mariées, les 4 membres de groupe Badeya vivent majoritairement dans des familles traditionnelles avec une moyenne d’âge de 33 ans et 3 enfants. Elles 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 mariage.
Les membres du groupe font le petit commerce de pagnes wax, de chaussures, de charbon de bois et du bois de chauffe.
Dans le but d’augmenter leurs fonds de commerce, les membres du groupe ont intégré Soro Yiriwaso et sont à leur 11ème cycle de prêt solidaire.
Madame Astan (debout 2ème à droite sur la photo) est la vendeuse de pagnes wax du groupe. Elle compte utiliser son prêt pour acheter, 7 pièces de pagnes wax. Elle s’approvisionne auprès des grossistes et effectue ses ventes en détail, au comptant et à crédit, à domicile et au marché, à une clientèle composée essentiellement de femmes.
Madame Astan compte réaliser avec ce prêt un bénéfice mensuel moyen de 42.000 FCFA qui sera utilisé, pour être réinvesti dans l’activité et aider son mari dans certaines dépenses familiales.

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
  • 40
    View loans »
    Mali Loans Fundraising
  • $11,450,100
    Funds lent in using Kiva
  • 523.2
    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 pagnes (brightly-printed cloth) of the "wax" type.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 27, 2012
Listed
Oct 1, 2012
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2013