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Djekafo Group
In this Group: Haoua , Jeanne , Sanata , Weta , Batoma, Djeneba , Alima , Fanta , Sainte , Samouhan
The Djekafo group belonging to the Horonya Association is composed of 10 women, all married, from the town of Tominian, Ségou region, fourth administrative region of the Republic of Mali. They live in traditional families and have an average age of 31 and on average, 6 children each.



The women of this group have been selling various small items such as rice, fish, cloth, soap, dried beans, etc. in Tominian for about 17 years.



In order to make their businesses more productive, the member of the Djekafo group decided to join the loan program of Soro Yiriwaso this year. They are on their first loan with the institution.



This loan will be used to buy items for resale from local wholesalers. Their commercial businesses bring in a good income for the Djekafo members who sell their goods for cash, retail, and for credit to a diverse and varied clientele.



Each of the members of the Djekafo group expects to make a monthly profit of 10,000 to 15,000 F CFA which will be used to reimburse the interest on the loan and for current family expenses.

View original language description ↓
Le groupe Djekafo de l’association Horonya est composé de dix femmes toutes mariées de la ville de Tominian, région de Ségou quatrième région administrative de la république du Mali. Elles vivent dans des familles traditionnelles et ont en moyenne 31 ans et au moins 6 enfants.
Les femmes du groupe font comme activité le petit commerce d’articles divers tels, le riz, le poisson, le tissu, le savon, les haricots etc. à Tominian il y’a environ 17 ans.
Pour rentabiliser leurs activités, les membres du groupe Djekafo de l’association Horonya ont décidé d’intégrer le programme crédit de Soro Yiriwaso cette année. Ils sont à leur premier prêt avec l’institution.
Le prêt actuel sera utilisé pour l’achat d’articles divers de commerce auprès des grossistes de la place. Ces activités d’achat et de vente sont très rentables pour ces femmes du groupe Djekafo qui vendent leurs marchandises au comptant en détail et à crédit à une clientèle diverse et variée.
Les membres du groupe Djekafo comptent réaliser chacun un bénéfice mensuel de 10.000 FCFA à 15 000 FCFA qui sera utilisé pour le remboursement des intérêts du prêt et les dépenses courantes de la famille.

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
  • 9
    View loans »
    Mali Loans Fundraising
  • $10,386,300
    Funds lent in using Kiva
  • 441.0
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Djekafo Group's $575 loan helped a member purchase of various articles for re-sale.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 14, 2009
Listed
Nov 1, 2009
Currency Exchange Loss:
Covered
Ended:
May 15, 2010