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Balel Group
In this Group: Sitan , Fatoumata , Awa , Sitan Sekou , Sanata
Balel Group is made up of five women, who are mainly widows. They average 42 years of age and four children. They all live in Hamdallaye, a neighborhood in Ségou (4th administrative region of Mali) and got acquainted through their money-earning activities at the Médine market in Ségou.

They sell rice, fruits (oranges and bananas), pagnes Wax (colorful African cloth), and firewood. In order to bolster their working capital, the members of the group joined Kiva's partner, the MFI Soro Yiriwaso, from which they are seeking their eleventh solidarity loan (group loan).

Mrs. Awa (standing on the left in the photograph) is a big rice seller at the Médine market in Ségou. She intends to use her part of the loan to buy 2 sacks of rice at the Grand Market in Ségou, from stallholders coming from "Office du Niger" (a cultivation area in Inner Niger Delta).

She resells for cash and on credit to a clientele comprising mostly men. With this loan, Mrs. Awa hopes to turn an average monthly profit of XOF 30'000 (ca US$ 60), to be in part used to ensure she can provide for her children, and in part reinvested in her business.
View original language description ↓
Le groupe Balel est constitué de cinq femmes qui sont majoritairement des veuves. Elles ont en moyenne 42 ans et 4 enfants. Elles vivent toutes dans le quartier Hamdallaye de Ségou (4ème région administrative du Mali) et se sont connues à travers leurs activités génératrices de revenu au marché Médine de Ségou. Elles font le commerce de riz, fruits (orange et banane), pagnes wax et bois de chauffe. Dans le but d’augmenter leurs fonds de commerce, les membres du groupe ont intégré Soro Yiriwaso et sont à leur 11ème cycle de prêt solidaire.
Madame, Awa (femme debout à l’extrême gauche sur la photo) est une grande vendeuse de riz dans le marché Médine Ségou. Elle compte utiliser son prêt pour acheter 2 sacs de riz avec les forains de la zone office du Niger au grand marché de Ségou. La revente se fait au comptant et à crédit à une clientèle composée majoritairement d’hommes. Avec ce prêt, Madame Awa espère réaliser un bénéfice mensuel moyen de 30 000 FCFA qui sera utilisé pour être réinvesti dans l’activité et assurer l’entretien 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

  • $1,100
    Average annual income
  • 32
    View loans »
    Mali Loans Fundraising
  • $11,460,850
    Funds lent in using Kiva
  • 505.0
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD