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Badegna Group
In this Group: Lalla , Djeneba , Salimata , Maïmouna , Sira , Adiara
The female members of the Badegna group are all married, and have an average age of 29. They have an average of three children each, and mainly live in nuclear families in the Massablacoura neighborhood in the city of Bougouni. These women know each other through their businesses and because they are neighbors. To develop their financial capacity so that they can better run their businesses, they joined the Soro Yiriwaso microfinance institution, and are on their first loan cycle.

This group of women works selling fish and seasonings in Bougouni market. Lalla, who is the only woman seated in the photo, buys and sells seasonings. With her loan, she plans to buy two boxes of bouillon cubes and two 25-kilo baskets of tomatoes. She sells her goods in the Grand Market of Bougouni, selling on a cash and credit basis to customers who are mostly female. Lalla hopes to make an average monthly profit of 35,000 francs CFA, part of which will be invested in her business. She plans to invest the rest in her children’s healthcare expenses.
View original language description ↓
Toutes mariées, les femmes du groupe Badegna ont une moyenne d’âge de 29 ans, 3 enfants et vivent majoritairement dans des familles nucléaires dans le quartier Massablacoura de la ville de Bougouni.
A travers les activités de commerce et le voisinage, ces femmes se sont connues. Pour développer leur capacité financière afin de mieux mener leur commerce, elles adhérent à l’institution de microfinance Soro Yiriwaso avec laquelle elles sont à leur premier cycle de prêt. Ce groupe de femmes fait le commerce de poisson et de condiments dans le marché de Bougouni.
Lalla, qui est la seule assise, fait l’achat vente des condiments et compte acheter avec son prêt, deux catons de cube maggi et deux paniers de 25 kilos de tomates. Elle effectue ses ventes dans le grand marché de Bougouni, en détail au comptant et à crédit à une clientèle composée essentiellement de femmes.
Elle envisage réaliser un bénéfice mensuel moyen de 35.000FCFA dont une partie sera investi dans l’activité et l’autre partie sera utilisée pour les frais de santé des enfants.

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
  • 23
    View loans »
    Mali Loans Fundraising
  • $9,946,525
    Funds lent in using Kiva
  • 497.4
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Badegna Group's $625 loan helped a member to buy seasonings.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 18, 2013
Listed
Feb 25, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2013