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Bitechi Group
In this Group: Bassika , Djenebba , Fatoumata Bah , Sata , Magnini, Kadiatou , Mamou, Deni
The Bitechi group is made up of married women with an average age of 33 and, on average, 3 children and who all live in extended, traditional family settings in the village of Solomanibougou, Koulikoro region (second administrative region of the Republic of Mali). They got to know each other thanks to family and neighbourly relationships, and friendships. They sell various shop items, condiments and charcoal. The women of the Bitechi group are on their 6th group loan, which will be used to buy various shop items, condiments and charcoal.

Fatoumata Bah, sitting first on the left in the picture, plans to buy 25 kilos of sugar, 7 packets of tea and 5 sachets of powdered milk from the suppliers in Marka Coungo. She resells her merchandise in her village to a retail clientèle made up of women and men. She expects to make an average monthly profit of 20 000 francs, part of which will be used to take care of her family's needs and part of which will be reinvested in her retail business.
Le groupe Bitechi, composé de femmes mariées, ont en moyenne 33 ans, 3 enfants et vivent toutes dans des familles traditionnelles élargies dans le village de Solomanibougou, Région de Koulikoro (deuxième région administrative de la république du Mali).
Elles se sont connues à travers des liens de parenté, de voisinage et d’amitié. Elles font le commerce d’articles divers de boutique, de condiments et du charbon de bois. Les femmes du groupe Bitechi sont à leur sixième prêt solidaire qui sera utilisé pour acheter des articles divers de boutique, des condiments et du charbon de bois.
La cliente FATOUMATA BAH, première personne à partir de la gauche dans le rang des assises, compte acheter vingt cinq kilos de sucre, sept paquets de thé, cinq sachets de lait en poudre avec les fournisseurs de Marka Coungo, elle revend en détail au village à une clientèle composée de femmes et d’hommes. Elle envisage réaliser un bénéfice moyen mensuel de 20.000FCFA qui sera utilisé pour les besoins de la famille et une partie est réinvestie dans l’activité de commerce d’articles divers de boutique.

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
  • 31
    View loans »
    Mali Loans Fundraising
  • $10,282,350
    Funds lent in using Kiva
  • 489.8
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Bitechi Group's $825 loan helped a member to buy various articles for her shop.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 18, 2013
Listed
Feb 12, 2013
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2013