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Badeya Group
In this Group: Diala , Mah , Assetou , Afou , Mama , Assetou , Kadiatou
The BADEYA group is made up of seven women, six of whom are married and one of whom is single. The women in the group are, on average, 33 years old, and each of the women has, on average, two children. The women live in large, traditional families with their husbands, co-spouses, brothers, and sons in the Heremakono neighborhood, north of the city of Bougouni.

The women all met each other through neighbors, friends, and business. They joined the microfinance institution, Soro Yiriwaso, in order to strengthen their financial capacity so that they can better carry out their business. This is their first loan from Soro Yiriwaso. The group sells grains, fruits, vegetables, non-alcoholic drinks, etc.

The group's president, DIALA, is the only woman standing in the photo. She buys and sells a wide variety of grains and vegetables, and she plans to use the loan to buy 500kg of corn from small-scale farmers. She sells her products retail at the market and from home, for cash or credit, to a clientele mostly made up of women.

She plans to earn a mean monthly profit of 15,000 FCFA, which she will use to reinvest in her business and pay back the loan.
View original language description ↓
Le groupe BADEYA est constitué de sept femmes dont six mariées et une célibataire ayant une moyenne d’âge de 33 ans et 2 enfants. Elles vivent dans des familles traditionnelles élargies avec leurs maris, coépouses, frères et fils dans le quartier Heremakono nord de la ville de Bougouni.
Elles se sont connues à travers des liens de voisinage, d’amitié et de commerce. Pour renforcer leur capacité financière afin de mieux faire leur commerce, elles ont adhéré à l’institution de microfinance Soro Yiriwaso avec laquelle elles sont à leur premier prêt. Ce groupe de femmes fait le commerce céréales, de fruits et légume, de boissons non alcoolisées ,etc.
DIALA, qui est la présidente du groupe est la la seule femme arrêtée dans la photo. Elle fait l’achat vente de grains et légumes de toutes sortes et compte acheter avec son prêt, 500Kg de maïs avec les paysans producteurs. Elle effectue ses ventes au marché et à domicile, en détail au comptant et à crédit à une clientèle composée essentiellement de femmes.
Elle envisage réaliser un bénéfice mensuel moyen de15.000FCFA qui sera investi dans les activités et rembourser le prêt.

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
  • 21
    View loans »
    Mali Loans Fundraising
  • $10,738,725
    Funds lent in using Kiva
  • 512.6
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Badeya Group's $700 loan helped a member to buy corn.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 1, 2012
Listed
Nov 6, 2012
Currency Exchange Loss:
Possible
Ended:
May 17, 2013