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Badenya Group
In this Group: Mariam , Massitanba, Minata , Nematou, Nene, Rokia
The Badenya group has married and widowed female members, who are on average 49 years of age and have five children. They all live in large traditional families in the town of Fala Sidibela, which is located in the Massigui area of Dioïla prefecture, in the region of Koulikoro (Mali's second-largest administrative region). They all know each other because they are related, or are friends or neighbors, and work selling cereals, shoes, seasonings and clothing. The women are on their 22nd group loan.

Mariam, who is pictured third from right to left, works selling shoes. She plans to buy two batches of shoes from stallholders in Massigui, which she will resell in the market and at home to both male and female customers. Mariam hopes to make an average monthly profit of 60,000 francs CFA, which will be reinvested in her business and used to provide for her family, as she is a widow.
View original language description ↓
Le groupe BADENYA, composé de femmes mariées et de veuves, ont en moyenne 49 ans, 5 enfants et vivent toutes dans des familles traditionnelles élargies dans le village de Fala Sidibela, 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, de chaussures, des condiments et des habillements.
Les femmes du groupe BADENYA sont à leurs vingt deuxième prêts solidaires.
La cliente MARIAM, troisième de la droite vers la gauche est vendeuse de chaussures. Elle compte acheter 2 colis de chaussures auprès des forains à Massigui et les revendra au marché et en famille à une clientèle mixte. Elle envisage réaliser un bénéfice moyen de 60.000FCFA par mois. Ce bénéfice sera en partie réinvesti dans l’activité et la gestion de la famille puisqu’elle est veuve.

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.

Tags

About Mali

  • $1,200
    Average annual income
  • 22
    View loans »
    Mali Loans Fundraising
  • $10,282,350
    Funds lent in using Kiva
  • 475.6
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Badenya Group's $2,525 loan helped a member to buy shoes.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 30, 2013
Listed
Dec 20, 2013
Currency Exchange Loss:
Possible
Ended:
May 17, 2014