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Badenya Group
In this Group: Kadiatou Yé , Bounah , Kadiatou Maman , Chata Dilaye
The 4 women of the Badenya group are all married and live in monogamous families. They have an average age of 46 and, on average, 3 children. They all live in the village of Togo in the Ségou region (4th administrative region of Mali) and got to know each other through neighbourly and family relationships, and marriage. They sell cereals, charcoal and firewood. The group members decided to work with Soro Yiriwaso in order to increase their business, and are on their 9th group loan cycle.

Chata (standing 2nd from the right in the photo) is a larger reseller of charcoal and firewood in the village of Togo. She plans to use her loan to buy 60 bags of charcoal from the farmers in the village and the surrounding area of Ségou. The sales are made for cash or credit door-to-door and on the streets in the districts of Ségou, to a clientèle made up of men and women. Chata hopes to make an average monthly profit of 30 000 francs thanks to this loan, which will be reinvested in her business and used to ensure that the children in the household get an education. Her aim is to increase her sales volume whilst working in partnership with Soro Yiriwaso.
Les quatre femmes du groupe Badenya sont toutes mariées dans des familles monogames. Elles ont en moyenne 46 ans et 3 enfants. Elles habitent toutes dans le village de Togo dans la région de Ségou (4ème Région administrative du Mali) et se sont connues à travers des liens de voisinage, de parenté et de mariage. Elles font le petit commerce de céréales, du charbon de bois et du bois de chauffe. Dans le but d’augmenter leurs fonds de commerce, les membres du groupe ont décidé de collaborer avec Soro Yiriwaso et sont à leur 9ème cycle de prêt solidaire.
Madame Chata (femme debout en 2ème position sur la photo de la droite vers la gauche) est une grande vendeuse du charbon de bois et de bois de chauffe dans le village de Togo. Elle compte utiliser son prêt pour acheter 60 sacs de charbon de bois avec les exploitants du village et environnants de Ségou. La revente se fait au comptant et à crédit à domicile et dans les quartiers de Ségou en ambulant à une clientèle composée d’hommes et de femmes. Madame Chata espère réaliser un bénéfice mensuel moyen de 30 000 FCFA avec ce prêt, qui sera utilisé, pour être réinvesti dans l’activité et assurer la scolarisation des enfants du foyer. Elle a pour objectif d’augmenter le volume de son activité dans ce partenariat avec Soro Yiriwaso.

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
  • 36
    View loans »
    Mali Loans Fundraising
  • $10,780,200
    Funds lent in using Kiva
  • 504.5
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Badenya Group's $800 loan helped a member to buy charcoal.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 27, 2013
Listed
Mar 11, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2013