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Djekafo Group
In this Group: Korotoumou , Aminata , Tenin , Kamissa , Naba
Members of Djekafo group of Yenkadi association are married women, having an average age of 42 years and 4 children. They live in big traditional families with their husbands and children and reside in MARKA COUNKO village within the FANA prefecture of KOULIKORO region of the Republic of Mali. They know each other through their family relations and neighborhood ties and they trade in foodstuffs. These women are working with the Soro Yiriwaso microfinance institution with the aim of making durable their lucrative business activities. They are on their third group loan and all preceding loans have been repaid correctly. With this loan, they hope to buy much food ingredients in bulk and some milk. The ingredients are bought in Bamako, the milk from Fulanis of the village and all products are retailed right in the MARKA COUNKO market to a clientele made up of male and female. They expect to make an average monthly profit of 15 000 FCFA each. On one hand, the profits are reinvested in the business and in the daily family expenses, on the other hand.
View original language description ↓
Les membres du groupe Djekafo de l’association Yenkadi sont des femmes mariées ayant une moyenne d’âge de 42 ans et 4 enfants. Avec leur mari et enfants elles vivent dans des grandes familles traditionnelles et résident dans le village de MARKA COUNKO, sous préfecture de FANA, Région de KOULIKORO, République du Mali.
Elles se sont connues à travers des liens de voisinage, de parentés et exercent le commerce de produits alimentaires.
Ces femmes collaborent avec l’institution de microfinance Soro Yiriwaso dans le but de pérenniser leurs activités lucratives.
Elles sont à leur troisième prêt solidaire et tous les prêts précédents ont été correctement remboursés.
Avec ce prêt elles comptent acheter, beaucoup de condiments alimentaires en gros et du lait. Les condiments sont achetés à Bamako, le lait est acheté avec les peulhs du village et tous les produits sont revendus sur place dans le marché de MARKA COUNKO à une clientèle composée de femmes et d’hommes.
Elles envisagent réaliser chacune un bénéfice moyen de 15 000 FCFA par mois. Les bénéfices sont d’une part réinvestis dans l’activité et d’autre part dans les dépenses quotidiennes 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
  • 6
    View loans »
    Mali Loans Fundraising
  • $9,897,325
    Funds lent in using Kiva
  • 436.9
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Djekafo Group's $1,150 loan helped a member purchase of food ingredients and some milk.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 16, 2009
Listed
Dec 2, 2009
Currency Exchange Loss:
Covered
Ended:
May 15, 2010