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Badenya Group
In this Group: Mariam , Korika , Yama , Ramata
BADENYA is a group from the association DIANTOYERELA of N’TENTOU. It comprises four women who know one another through ties of kinship and community. The women average 40 years of age and are married mothers of six children. They have different businesses, such as trading in condiments and vegetables, just like MARIAM, who is the first person in the photo standing from the left. The women live in large traditional families in N’TENTOU, in the sub-prefecture of Ouelessebougou (Région de Koulikoro, Republic of Mali). They have been working in small-scale commerce for several years and are in high demand for their businesses.

Concerned about satisfying the growing needs of their customers, the group members decided to join the loan program at the microfinance institution Soro Yiriwaso three years ago. They are on their fifth solidarity loan.

MARIAM, the group's president, is well-known in N’TENTOU and excels at selling vegetables condiments. She intends to use her loan to purchase different kind of condiments (black pepper, tomatoes, onions, cabbage, oil, salt, tomato paste). She gets her supplies from Bamako and locally from wholesalers. And she resells her goods in OUELESSEBOUGOU for cash or on credit to a customer base composed of men and women.

She hopes to make a monthly profit of 25,000 francs CFA that will enable her to repay the loan and reinvest in her business.
View original language description ↓
BADENYA est un groupe de l’association DIANTOYERELA de N’TENTOU. Il regroupe 4 femmes qui se sont connues à travers des liens de parenté et de voisinage. Elles ont une moyenne d’âge de 40 ans, sont mariées et mères de six enfants, elles mènent différentes activités telles l’achat vente de condiments et de légumes à l’image de MARIAM qui est la première personne debout de la gauche vers la droite de la photo. Elles vivent dans des grandes familles traditionnelles à N’TENTOU dans la 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 ont décidé d’intégrer le programme crédit de Soro Yiriwaso il y a trois ans. Elles sont à leur cinquième prêt solidaire.
MARIAM qui est la présidente du groupe et très connue à N’TENTOU, excelle dans la vente de condiment de légumes. Elle compte utiliser son prêt pour acheter de condiment alimentaires de différentes sortes (poivre, tomate, oignon, choux, huile, sel et concentrée de tomate.). Elle s’approvisionne à Bamako et sur place auprès des grossistes et vend ses articles à OUELESSEBOUGOU, en détail, au comptant et à crédit, à une clientèle composée d’hommes et de femmes.
Elle espère sur un bénéfice mensuel de 25.000FCFA 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
  • 33
    View loans »
    Mali Loans Fundraising
  • $10,710,275
    Funds lent in using Kiva
  • 502.0
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Badenya Group's $1,200 loan helped a member to purchase condiments, such as onions, cabbage, salt, and tomato paste to sell.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 20, 2013
Listed
Jun 27, 2013
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2013