Check out some available loans that are similar to this one!
Jiguisèmè Group
In this Group: Fanta , Awa , Assetou , Kadiatou
The four women of the Jiguisèmè group are married and, on average, are 33 years old with 4 children. They live in monogamous families in Ouayerma II, one of the neighborhoods of the city of Sikasso (3rd administrative region of Mali). They collaborate with the microfinance institution Soro Yiriwaso in order to satisfy their customers’ needs. They are on their fifth loan; all previous loans have been fully repaid. They run various businesses, including selling second-hand clothing and fruits and vegetables. AWA K. sells basins. With her loan, she plans to buy 4 dozen basins. She gets her stock at the large market in Sikasso. The basins are sold at the Ouayerma market and often door-to-door or from the home to a clientele composed of men and women and mostly in cash. They each expect to make an average monthly profit of 35,000 CFA of which a part will be used for the family’s needs and the remainder will be invested in the businesses. She hopes to help her husband to build a house in which to live.
View original language description ↓
Les quatre femmes du groupe Jiguisèmè (sont toutes mariées) avec une moyenne d’âge de 33 ans, 4 enfants, vivent dans des familles monogames à Ouayerma II un des quartiers de la ville de Sikasso (3ème région administrative du Mali).
Elles collaborent avec l’institution de microfinance Soro Yiriwaso afin de satisfaire le besoin de leur clientèle et sont à leur cinquième prêt, tous les passés se sont bien dénoués.
Elles mènent diverses activités qui sont entre autres la vente de friperie, de fruits et légumes et de tasses avec AWA K..
Avec son prêt, elle compte acheter, 4 douzaines de tasses. Elle s’approvisionne au grand marché de Sikasso ville. Les tasses sont vendues au marché de Ouayerma et souvent de façon ambulante dans les familles à une clientèle composée d’hommes et de femmes et la plupart au comptant.
Elles envisagent réaliser chacune un bénéfice mensuel moyen de 35.000FCFA dont une partie sera utilisée pour les besoins de la famille et l’autre partie sera investie dans les activités.
Elle ambitionne d’aider son mari à construire leur maison à usage d’habitation.

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
  • 512.4
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Jiguisèmè Group's $1,000 loan helped a member to buy basins.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 13, 2010
Listed
Oct 1, 2010
Currency Exchange Loss:
Covered
Ended:
Mar 15, 2011