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Badegna Group
In this Group: Bakoni , Sanata , Komena , Kadia, Hawa
The women of the Badegna Group have an average age of 44 years and five children. They all live in traditional extended families in the San Cercle town of Tene in the fourth administrative region of the Republic of Mali. They are related to each other and operate businesses in the purchase and resale of food products. Having successfully repaid their previous loans, the women of the Badegna Group are now on their 15th group loan.

Ms. Bakoni is the second woman from the left in the photo. She plans to use this loan to buy 20 liters of oil, two 100kg bags of rice, 8kg of smoked fish, 8kg of onions and four boxes of Maggi cubes. She will resell these products in San to a diverse clientele of women and men, sometimes in cash and often on credit. She plans to make an average monthly profit of 80,000 FCFA, which she will use on health-, food-, clothing- and school-related expenses. The rest will be reinvested in her business.
View original language description ↓
Les femmes du groupe BADEGNA ont en moyenne 44 ans, 5 enfants et vivent toutes dans des familles traditionnelles élargies à TENE dans le cercle de SAN dans 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 de produits alimentaires.
Après avoir correctement remboursés les prêts précédents, les femmes du groupe BADEGNA sont à leur 15 eme prêt solidaire. BAKONI 2 eme femme de la gauche vers la droite compte utiliser son prêt pour acheter vingt litres d’huile, deux sacs de 100kgs de riz, 8 kg de poissons fumés, 8 kg d’oignons et 4 cartons de cube Maggi. Elle s’approvisionne à SAN. Elle effectue ses ventes, à une clientèle composée de femmes et d’hommes en espèce et souvent à crédit.
Elle envisage réaliser un bénéfice moyen mensuel de 80 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
  • 20
    View loans »
    Mali Loans Fundraising
  • $10,411,675
    Funds lent in using Kiva
  • 485.7
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Badegna Group's $1,550 loan helped a member to purchase food products.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 6, 2013
Listed
Dec 1, 2013
Currency Exchange Loss:
Possible
Ended:
May 17, 2014