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Djiguisèmè ("hope") Group
In this Group: Fatoumata, Mah , Assan , Magnini , Awa , Sinèni
The group Djiguisèmè of the association Dembagnouman is composed of six women who are all married. They average 35 years of age and 5 children and live in large traditional extended families in the first district of the city of Koutiala (Sikasso region, Republic of Mali). These women know one another through ties of community and kinship. They do almost the same work selling condiments: sounbala (pounded fermented seeds), onions, garlic, Maggi bouillon cubes, and spices.

In order to satisfy the needs of their every-increasing number of customers, the group members decided to join the micro-finance institution Soro Yiriwaso and are now on their first solidarity loan (group loan). This loan will be used to buy condiments of all sorts in bulk to be resold retail, cash or credit accepted, at the house and at the Koutiala marketplace.

The group members each hope to realize an average profit of 70,000 francs CFA in the course of this cycle. The profits will be use to make loan interest payments, to provide for the extended family, and to invest the rest in business. Their ambition is to diversify their commerce by embracing other work.

View original language description ↓
Le groupe Djiguisèmè de l’association Dembagnouman est composé de six femmes. Elles sont toutes mariées, ont une moyenne d’âge de 35 ans et 5 enfants vivant dans des grandes familles traditionnelles élargies au premier quartier de la ville de koutiala (région de Sikasso république du Mali)
Elles se sont connues à travers des liens de voisinage et de parenté et exercent presque la même activité de vente de condiments alimentaires. (sounbala, oignon, l’ail, cube magie, et épices)
Afin de satisfaire le besoin de sa clientèle qui ne cesse d’augmenter, le groupe Djiguisèmè a décidé d’intégrer l’institution de microfinance Soro Yiriwaso avec qui il est à son premier prêt solidaire. (Prêt de groupe)
Ce prêt sera utiliser pour acheter, des condiments de toutes sortes en gros pour être revendus en détail, au comptant et à crédit, à la maison et au marché de koutiala.
Elles espèrent réaliser chacune un bénéfice moyen de 70 000 FCFA au cours de ce cycle qui sera utilisé pour payer les intérêts du prêt, subvenir au besoin de la famille élargie et investir le reste dans les activités. Elles ont pour ambition de diversifier leur commerce en embrassant d’autres 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
  • 2
    View loans »
    Mali Loans Fundraising
  • $11,596,075
    Funds lent in using Kiva
  • 491.7
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD