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Badegna Group
In this Group: Diakoro , Mariam, Minata, Safoura, Sanaba
Badegna is a group of five women who know one another through ties of kinship and community. Their average age is 42. They are married, have five children, and operate different businesses, such as buying and selling condiments, as does Diakoro, and food catering. Diakoro is the person standing at the middle in the photo. The women live in large traditional families in Fanikodjalan, sub-prefecture of Ouelessebougou (Region of Koulikoro, Republic of Mali). They have been working in small-scale commerce for several years and are much in demand in their businesses.

Concerned about meeting the growing needs of their customers, the group members decided to join the loan program of the microfinance institution Soro Yiriwaso. They are on their first solidarity loan.

Diakoro, who is the group's president and well-known in Fanikodjalan, excels in selling condiments. She intends to use her loan to purchase different kinds of condiments (black pepper, tomatoes, onions, cabbage, and eggplant). She gets her supplies in Ouelessebougou from wholesalers. Accepting cash or credit, she sells her grains retail in Fanikodjalan to a customer base composed of men and women.

She is hoping for a monthly profit of 20,000 francs CFA, which will enable her to repay the loan and to reinvest in her business.
View original language description ↓
Badegna est un regroupement de 5 femmes qui se sont connues à travers des liens de parenté et de voisinage. Elles ont une moyenne d’âge de 42 ans. Mariées avec 5 enfants, elles mènent différentes activités telles l’achat vente de condiments à l’image de Diakoro et de la restauration.
Diakoro qui est la personne arrêtée au milieu. Elles vivent dans des grandes familles traditionnelles à Fanikodjalan, sous-préfecture de Ouelessebougou (Région de Koulikoro, République du Mali).
Elles sont dans le petit commerce depuis plusieurs années et sont très sollicitées dans leurs activités.
Dans le souci de satisfaire le besoin croissant de leur clientèle, les membres du groupe décident d’intégrer le programme crédit de Soro Yiriwaso. Elles sont à leur premier prêt solidaire.
Diakoro, qui est la présidente du groupe et très connue à Fanikodjalan, excelle dans la vente de condiments. Elle compte utiliser son prêt pour acheter de condiments alimentaires de différentes sortes (poivre, tomate, oignon, chou et aubergine). Elle s’approvisionne à Ouelessebougou auprès des grossistes et vend à Fanikodjalan en détail, au comptant et à crédit, à une clientèle composée d’hommes et de femmes.
Elle espère sur un bénéfice mensuel de 20.000FCFA somme qui lui permettra de rembourser le prêt et de réinvestir dans son activité.

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
  • $10,188,875
    Funds lent in using Kiva
  • 505.3
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Badegna Group's $500 loan helped a member to purchase condiments.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 12, 2012
Listed
Nov 27, 2012
Currency Exchange Loss:
Possible
Ended:
May 17, 2013