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Badeya Group
In this Group: Kadiatou, Sitan, Afou, Assetou, Mah, Diala, Batoma
The Badeya Group consists of seven married women with an average age of 35 years and three children at home. They live in nuclear families in the North Heremakono neighborhood of Bougouni. They are friends and neighbours who support each other's apple-selling businesses. To strengthen their financial and commercial capacity, they partnered with Soro Yiriwaso with whom they are now on their fourth loan. The three previous loans have all been repaid.

Batoma is the woman standing in the back on the left. With this loan she intends to buy eight boxes of apples and 18 cases of drinks from wholesalers in Bamako. She sells her wares at the market and at home, accepting cash and credit from a mixed clientele. Batoma hopes to make an average monthly profit of 60.000FCFA, which she will invest in the business and repay the loan.
View original language description ↓
Le groupe BADEYA est constitué de 7 femmes mariées ayant une moyenne d’âge de 35 ans et 3 enfants. Elles vivent dans des familles nucléaires dans le quartier HEREMAKONO NORD de la ville de Bougouni.
Elles se sont connues à travers des liens de voisinage, d’amitié et de commerce. Pour renforcer leur capacité financière afin de mieux faire leur commerce, elles ont adhéré à l’institution de microfinance Soro Yiriwaso avec laquelle elles sont à leur 4ème prêt. Les 3 précédents prêts ont été correctement remboursés. Ce groupe de femmes fait le commerce de pommes à l’image de BATOMA qui est la 2ème femme debout dans la photo de la droite vers la gauche. Elle compte acheter avec son prêt, 8 cartons de pommes 18 casiers de boissons avec les grossistes de Bamako. Elle effectue ses ventes au marché et à domicile, en détail au comptant et à crédit à une clientèle mixte .
Elle envisage réaliser un bénéfice mensuel moyen de 60.000FCFA qui sera investi dans les activités et rembourser le prêt.

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
  • 23
    View loans »
    Mali Loans Fundraising
  • $9,946,875
    Funds lent in using Kiva
  • 477.5
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Badeya Group's $2,950 loan helped a member to purchase various products for resale.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 25, 2014
Listed
Mar 2, 2014
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2014