Check out other loans that are currently fundraising!
Waradjan (Grand Lion) Group
In this Group: Soumawé, Ramata, Bintou, Nah
The four members of the group Waradjan ("Great Lion") of the association Benkadi du Bamanankin (Bambara district) are all married and average 45 years in age and four children. They generally live in monogamous households in the sub-prefecture of Markala in the Ségou region (fourth economic region of Mali).

Linked by ties of community and clan, the Waradjan group essentially does commerce in cereal products, lingerie, and condiments. Concerned with acquiring supplementary financial resources, the group joined the loan program of the micro-finance institution Soro Yiriwaso with which they just received a third group loan (solidarity loan). All the preceding loans have been repaid without difficulty.

The group intends to buy: 2 sacks of beans and a sizable quantity of condiments (locally in Markala at the Diamarabougou marketplace) from vendors coming from big cities and from the surrounding villages. In addition, the women will buy 25 lengths of Fancy pagnes from Bamako (capital of the Republic of Mali) from wholesalers. The goods are sold out of the home, at the Diamarabougou marketplace, and at the fairs of neighboring villages (Boussin, Seribala and Dougabougou) to a generally female customer base. They each envision realizing a profit of 20,000 francs CFA and envision buying a cart and a donkey to facilitate transporting their merchandise to market.
View original language description ↓
Les quatre (4) membres du groupe Waradjan de l’association Benkadi du Bamanankin (quartier des Bambara) sont toutes mariés avec une moyenne d’âge de 45 ans et 4 enfants. Elles vivent en générale dans des foyers monogamiques dans la sous préfecture de Markala de la région de Ségou (quatrième région économique du Mali).
Lié par des relations de voisinage et de parenté, le groupe Waradjan fait essentiellement le commerce des produits céréaliers, la lingerie et les condiments alimentaires.
Dans le souci d’avoir des ressources financières complémentaires le groupe intégra le programme crédit de l’institution de microfinance Soro Yiriwaso avec lequel il vient de bénéficier d’un troisième prêt de groupe (prêt solidaire). Tous les prêts précédents ont été remboursés sans difficultés.
Le groupe compte acheter, 2 sacs de haricot et une grande quantité de condiments alimentaires (sur place à Markala au marché de Diamarabougou) auprès des forains venant des grandes villes et des villages environnants. En plus les femmes achèteront 25 pièces de pagne fancy à partir de Bamako (capitale de la république de Mali) auprès de grossistes. Les produits sont vendus à domicile, au marché Diamarabougou et dans les foires des villages voisins (Boussin, Seribala et Dougabougou ) à une clientèle généralement féminine.
Elles envisagent réaliser chacune un bénéfice de 20.000 FCFA et envisagent acheter une charrette et un âne pour faciliter le transport de leurs marchandises dans les foires.

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
  • 3
    View loans »
    Mali Loans Fundraising
  • $11,596,000
    Funds lent in using Kiva
  • 447.9
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Waradjan (Grand Lion) Group's $900 loan helped a member to buy Fancy pagnes, beans, and condiments.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Sep 20, 2008
Sep 5, 2008
Currency Exchange Loss:
Apr 15, 2009