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Djiguitougou Group
In this Group: Bintou , Kaniba , Bintou , Hawa
The members of the Djiguitougou group are married women who have an average age of 41 years old, an average of three children and all live in the Hamdallaye neighborhood of Ségou (the fourth administrative region of Mali). They got to know each other through neighbors and relatives and also because they all belong to the same traditional women's sanitation association.

This group of women are primarily trading a variety of articles (foods, clothes, crafts etc..). With a view to increasing their business they decided to join Soro Yiriwaso's loan program, and they are on their ninth group loan, having repaid the eight previous loans. With this new loan they are planning on buying 20 pieces of "pagne-wax" (a West African term for highly decorative and colourful fabric), 15 sets of embroidered "pagnes", two rolls of netting, ten bedcovers and 200kg of fresh fish which will be transformed into smoked fish. Sometimes, during the lean season (in between harvests), they stock up on smoked fish in Mopti.

They get their supplies at the large market in Burkina Faso and at the Château de Ségou market. They sell on a retail basis, for cash and on credit, to a customer base made up of men and women, at home, walking around and at the markets in Médina and Château. They expect to make an average monthly profit of 50,000 FCFA, which will be used to repay the loan, as well as for savings and for the purchase of basic foods.
View original language description ↓
Les membres du groupe Djiguitougou sont des femmes mariées, ayant en moyenne 41 ans, 3 enfants et vivant toutes dans le quartier Hamdallaye de Ségou (4ème région administrative du Mali).
Elles se sont connues à travers des liens de voisinage, de parenté et d’appartenance à une même association traditionnelle des femmes du quartier pour l’assainissement.
Ce groupe de femmes fait essentiellement le commerce d’articles divers (alimentaires, habillements, artisanat etc.)
Dans le souci d’augmenter leurs fonds de commerce elles décidèrent d’intégrer le programme crédit de Soro Yiriwaso avec qui elles sont à leur 9ème prêt solidaire après avoir remboursés les huit précédents.
Elles comptent acheter, avec ce nouveau prêt, 20 pièces de pagnes wax, 15 complets de pagnes brodés, deux rouleaux de voiles, 10 couvres lits et 200kg de poissons frais qui seront transformés en poissons fumés. Parfois elles se ravitaillent en poisson fumé à Mopti pendant les périodes de soudure.
Elles s’approvisionnent du Burkina Faso, au grand marché et au marché Château de Ségou. Elles revendent en détail, au comptant et à crédit à une clientèle composée d’hommes et de femmes à domicile, en ambulant et aux marchés de Médine et Château.
Elles envisagent réaliser un bénéfice mensuel moyen de 50.000FCA qui servira dans le remboursement du prêt, à l’épargne et à l’achat de denrées de 1ère nécessité.

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
  • 14
    View loans »
    Mali Loans Fundraising
  • $10,173,725
    Funds lent in using Kiva
  • 485.0
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Djiguitougou Group's $1,250 loan helped a member purchase of various items.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 24, 2010
Listed
Mar 4, 2010
Currency Exchange Loss:
Covered
Ended:
Sep 15, 2010