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Bana 2 Group
In this Group: Ourgatou , Fatouma , Yaseguéré, Tandou , Tandou , Domio , Fatouma , Aminata, Korka, Alimatou
The members of the group "BANA 2" are all married women, who average 35 years of age and three children each, all living in polygamous families in Bandiagara, in the 5th administrative region of the Republic of Mali. Bandiagara as a town is 90% cliffs. There, the women's main work involves growing onions and processing shallots and related products. The women transport arable earth uphill to make planting beds for their farm work.

They are collaborating with the microfinance institution Soro Yiriwaso to carry out their market garden work as the rainy season ends. They are on their second loan with the institution after having correctly paid back the first one.

The crop grown is essentially onions, as is the case with Korka, who is standing second from the right in the photo. With her loan, she intends to purchase some seeds and fertilizer. After the harvest, the produce is sold to men and women customers in the village and in Bandiagara.

She plans on making a profit of 60,000 francs CFA at the end of the planting effort. This profit will allow her to help out her husband in covering family expenses (the children's schooling costs, healthcare, and food), to purchase small ruminants and poultry, and to reinvest the rest in the business.
View original language description ↓
Les membres du groupe BANA 2 sont toutes des femmes mariées ayant une moyenne d’âge de 35 ans, 3 enfants et vivant toutes dans des familles polygames à Bandiagara, 5ème région administrative du Mali.
Bandiagara est une localité constituée à 90% de falaise où les femmes ont comme activité principale la culture d’oignon et de sa transformation en échalote et sous produits. Les femmes transportent de la terre arable sur les hauteurs afin de confectionner leurs planches destinées à leurs pratiques agricoles.
Elles collaborent avec l’institution de microfinance Soro Yiriwaso afin de mener à bien leurs activités maraîchères en cette fin d’hivernage.
Elles sont à leur deuxième prêt avec l’institution, après avoir correctement remboursé le premier.
La spéculation cultivée est essentiellement l’oignon avec Korka debout en deuxième position de la droite vers la gauche sur la photo.
Avec son prêt, elle compte acheter de la semence et des engrais. La production est vendue au niveau du village et de Bandiagara, après la récolte à une clientèle composée d’hommes et de femmes.
Elle compte réaliser un bénéfice de 60.000 Francs CFA en fin de campagne Ce bénéfice lui permettra d’aider son mari dans les dépenses familiales (scolarisation des enfants, santé et nourriture), achat de peits ruminats et vollailes et investir le reste 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

  • $1,100
    Average annual income
  • 53
    View loans »
    Mali Loans Fundraising
  • $12,694,550
    Funds lent in using Kiva
  • 476.2
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD