Check out some available loans that are similar to this one!
Djekafo Group
In this Group: Assan , Mah , Inda , Djeneba, Barro, Mah
The seven women of the Djekafo group are all married, and on average are 26 years old, have three children and all live in traditional extended families in the village of Dioni, in the Siemana Prefecture, part of Ségou Region (4th administrative region of the Republic of Mali). They got acquainted through family ties and they retail food, clay and various items.

These women from the Djekafo group are requesting their fifth group loan with the institution, having repaid in full the four preceding loans.
This new loan will be used to buy bags of rice, a large quantity of various items and bags of white clay.

They get their supplies from wholesalers and producers in Barouéli and Konobougou. They sell their products at the Barouéli market, and at market fairs in the area, for cash, retail and on credit, to a customer base of both men and women.

They hope to reach average monthly earnings of 30,000 FCFA each, which will be used for daily family expenses, and the rest reinvested in the commercial activities.
View original language description ↓
Les femmes du groupe Djekafo sont toutes mariées. Elles ont en moyenne 26 ans, 3 enfants et vivent toutes dans des familles traditionnelles élargies dans le village de Siemana, préfecture de Barouéli, Région de Ségou (quatrième région administrative de la république du Mali).
Elles se sont connues à travers des liens de parenté et font le commerce de nourriture, d’argile et d’articles divers.
Ces femmes du groupe Djekafo sont à leur cinquième prêt solidaire avec l’institution, après avoir bien remboursés les quatre précédents.
Ce nouveau prêt sera utilisé pour acheter, des sacs de riz, une importante quantité d’articles divers et des sacs d’argiles blanches.
L’approvisionnent en marchandises se fait à Barouéli et à Konobougou auprès des grossistes et producteurs. Elles effectuent leurs ventes au marché de Barouéli et dans les foires environnantes, au comptant, en détail et à crédit, à une clientèle composée de femmes et d’hommes.
Elles envisagent réaliser chacune un bénéfice moyen mensuel de 30.000FCFA qui sera utilisé dans les dépenses quotidiennes de la famille et le reste sera réinvesti dans les activités de commerce.

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
  • 485.2
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Djekafo Group's $950 loan helped a member buy various items.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 25, 2010
Listed
Mar 23, 2010
Currency Exchange Loss:
Covered
Ended:
Jul 15, 2010