Djiguiya 1 De Wayere Farakala Group

The ten members of the Djiguiya 1 group are married men with an average age of 35 and on average, 4 children. They mostly live in traditional extended families in Wayere, one of the villages of the rural township of Farakala, prefecture of Sikasso, 3rd administrative region of Mali.

They work together with the micro-finance institution Soro Yiriwaso so that they can successfully grow their maize crops. They are working with the institution for the first time.

With this loan, they intend to buy fertilizer and herbicides to maintain 10 hectares. Their crops are sold in the village, in the markets of Farakala and Sikasso, after the harvest, to a clientele composed of men and women, often coming from Bamako or from Senegal. They expect to make an average profit of 55,000 F CFA per growing season. The agriculturalists of the Djiguiya 1 group would like to have unlimited amounts.

Translated from French by Teresa Kramer, Kiva Volunteer

Les dix membres du groupe Djiguiya 1 sont des hommes mariés ayant en moyenne 35ans, 4 enfants et vivant la plupart dans des familles traditionnelles élargies à WAYERE un des villages de la commune rurale de FARAKALA, préfecture de SIKASSO 3ème région administrative du Mali.
Ils collaborent avec l’institution de microfinance Soro Yiriwaso afin de mener à bien leurs cultures de maïs. Ils sont à leur première collaboration avec l’institution.
Avec ce prêt, ils comptent acheter, des engrais et d’herbicides pour entretenir 10 hectares.
La production est vendue au niveau du village, aux marchés de FARAKALA et de SIKASSO après les récoltes à une clientèle composée d’hommes et de femmes souvent venant de BAMAKO ou du SENEGAL.
Ils comptent réaliser un bénefice moyen de 55.000FCFA par campagne.
Les producteurs du groupe Djiguiya 1 souhaitent avoir des montants à hauteur de souhait.



About Group Loans
In a group loan, each member of the group receives an individual loan but is part of a group of individuals bound by a group guarantee. Under this arrangement, each member of the group supports one another and is responsible for paying back the loans of their fellow group members if someone is delinquent or defaults. Learn more

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