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Jolidenw Group
In this Group: Kadia , Sitan , Bintou , Maïmouna , Fatoumata , Matoukoune, Kadiatou
The women of the Jolidenw group are all around 40 years old, married with three children, and live in large extended families in the village of Marka-Coungo, in the municipality of Fana, the Koulikoro region (the second largest administrative region of the Republic of Mali). They met through friends and family and sell cosmetics, condiments, fruit and peanut butter for a living. The women are on their fifth microfinance loan.
Matoukoune K., a member of the group, aims to use her loan in order to buy packets of condiments.
She generally sources her goods from wholesalers at the Bamako and Marka-Coungo markets, and sells her wares from home or at the markets for cash or credit sales to a customer base composed of men and women. She aims to generate an average monthly profit of 20,000 FCFA, some of which will be used to meet her family's needs, and the rest will be reinvested in the business.
View original language description ↓
Toutes mariées, les femmes du groupe Jolidenw, ont en moyenne 40 ans, 3 enfants et vivent dans des familles traditionnelles élargies dans le village de Marka-coungo, sous préfecture de Fana, région de Koulikoro (deuxième région administrative de la république du Mali).
Elles se sont connues à travers des liens de parenté et de voisinage et font le commerce de produits cosmétique, de condiments, de fruits et de pâte d’arachide.
Ces femmes du groupe Jolidenw sont à leur cinquième prêt solidaire.
MATOUKOUNE K., compte utiliser son prêt pour acheter des paquets de condiments alimentaires.
Elle s’approvisionne en condiments le plus généralement avec les grossistes de Bamako et au marché de Marka-coungo et effectue sa vente sur place et au marché, au comptant et à crédit, à une clientèle composée de femmes et d’hommes.
Elle compte réaliser un bénéfice moyen mensuel de 20 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
  • 150
    View loans »
    Mali Loans Fundraising
  • $11,260,000
    Funds lent in using Kiva
  • 491.7
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Jolidenw Group's $1,425 loan helped a member purchasing condiments.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 26, 2010
Listed
Oct 1, 2010
Currency Exchange Loss:
Covered
Ended:
Feb 16, 2011