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Badenya Group
In this Group: Massitanba *, Nematou , Nene, Mariam, Rokia , Minata
* not pictured
The members of the Badenya Group are married women with an average age of 47 years and an average of four children. They all live in traditional extended families in the town of Massigui, district of Sirifila, village of Massigui, prefecture of Dioïla, region of Koulikoro (the second administrative region of the Republic of Mali).

They know one another through ties of kinship, vicinity and friendship. They sell grain, clothing, vegetable sauces, and prepared foods. The women of the Badenya Group are on their twenty-first group loan, which will be used to buy grain, clothing, vegetables for sauce, and rice for food preparation.

Nene, shown in the photo seated on the right, plans to purchase with her loan several dozen sets of children's clothing and ten full wax pagnes (traditional West African dyed cloth) in Bamako. These items will be sold to her customers at the market and from her home. She hopes to earn an average income of 80,000 Francs CFA per week that she will use to open her own shop.
View original language description ↓
Les membres du groupe Badenya, sont des femmes mariées, qui ont en moyenne 47 ans, 4 enfants et vivent toutes dans des familles traditionnelles élargies dans le village de Massigui, quartier de Sirifila, commune de Massigui, préfecture de Dioïla, 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 de céréales, d’habillements, de condiments, et de la restauration.
Les femmes du groupe Badenya sont à leurs vingt unième prêts solidaires qui sera utilisé pour acheter des céréales, des habillements, des condiments et du riz pour la restauration.
NENE qui est assise à droite compte acheter avec son prêt des douzaines de complets pour enfants et 10 pagnes wax à Bamako. Ces articles seront vendus à ses clientes au marché et à domicile.
Elle envisage réaliser un bénéfice moyen par semaine de 80 000FCFA qui sera utilisé pour ouvrir une 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
  • 44
    View loans »
    Mali Loans Fundraising
  • $10,780,200
    Funds lent in using Kiva
  • 496.8
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Badenya Group's $2,425 loan helped a member to purchase clothing for resale.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 12, 2013
Listed
Jul 26, 2013
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2013