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Balemayadjourou Group
In this Group: Djeneba , Baro , Magnini , Hawa , Koroba
The women of the Balemayadjourou group are on average 57 years old with an average of 4 children each. They all live in traditional extended families in Kimparana in the San area, in the fourth administrative region of Mali. The women came to know each other through relatives and are in the business of purchasing and selling various items. After having fully repaid their previous loans, the women of Balemayadjourou are on their 13th group loan.

Koroba, the first woman pictured on the right in the photo, is in the restaurant business. She plans to use her loan to purchase 60 liters of oil, 3 100-kg bags of rice, vegetables, tubers, and spices. She stocks up in Kimparana and makes her sales to a customer base made up of both men and women for cash and often for credit. The women hope to earn an average monthly profit of 53,000 francs CFA which they will use for their health, food, clothing, and education expenses, and the remainder will be reinvested in their businesses.
View original language description ↓
Les femmes du groupe BALEMAYADJOUROU en moyenne 57 ans, 4 enfants et vivent toutes dans des familles traditionnelles élargies à KIMPARANA dans le cercle de SAN de la quatrième région administrative de la république du Mali.
Ces femmes se sont connues à travers des liens de parenté et font les activités d’achat et de vente d’articles divers.
Après avoir correctement remboursés les prêts précédents, les femmes du groupe BALEMAYADJOUROU sont à leur 13 eme prêt solidaire. KOROBA 1 ère femme à droite sur la photo fait de la restauration. Elle compte utiliser son prêt pour acheter : 60 litres d’huile, 3 sacs de riz de 100kg, des légumes, tubercules et des condiments. Elle s’approvisionne à KIMPARANA. Elle effectue ses ventes, à une clientèle composée de femmes et d’hommes en espèce et souvent à crédit.
Elles envisagent réaliser un bénéfice moyen mensuel de 53 000FCFA qui sera utilisé dans les dépenses relatives à la santé, à la nourriture, et l’habillement, aux frais scolaires et le reste sera réinvesti dans les activités.

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
  • 21
    View loans »
    Mali Loans Fundraising
  • $9,975,475
    Funds lent in using Kiva
  • 486.6
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Balemayadjourou Group's $2,075 loan helped a member to purchase ingredients for her restaurant.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 11, 2013
Listed
Nov 17, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 25, 2014