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Djiguiya (Hope) Group
In this Group: Bintou , Assan , Sadio , Rokia
Djiguiya is a group composed of four women from the Mousabougou district in the city of Koutiala who know one another well.  They live together in the same district and in large traditional families with their husbands, children, and co-spouses.  Averaging 42 years of age, the women are married and the mothers of at least six children.  The group members buy and sell vegetables, clothing, and condiments. To increase the size of their businesses, they decided to join the Soro Yiriwaso loan program three years ago.  

Bintou C., a member of the group, sells bananas exclusively. She plans on using her loan to buy bananas when needed.  She acquires her merchandise at markets surrounding Koutiala, especially Soukoumba and Molobala.  She sells these bananas wholesale to girls who then go sell them retail in the city of Koutiala.  The other portion is sold at the Yangasso market retail and wholesale for cash.

While the other group members each plan on making an average profits of 105,000 francs CFA over the course of the cycle, Bintou C. plans on making 120,000 francs.  

In addition to repaying the loan, the group members are using a portion of the revenues to cope with everyday family expenses.  They would like to bolster their partnership with Soro Yiriwaso in order to diversify their businesses.  
View original language description ↓
Le groupe Djiguiya est constitué de quatre femmes du quartier Mousabougou de la ville de Koutiala qui se connaissent bien. Elles vivent ensemble dans le même quartier, dans de grandes familles traditionnelles avec leurs maris, enfants et coépouses. Elles ont en moyenne 42 ans, sont mariées et mères d’au moins 6 enfants.
Les membres du groupe Djiguiya font l’achat vente de légumes, d’habillements et de condiments alimentaires.
Pour augmenter la taille de leurs activités, les membres du groupe ont décidé d’intégrer le programme crédit de Soro Yiriwaso il y’a trois ans.
Bintou C. qui est un des membres du groupe Djiguiya vend exclusivement des bananes.
Elle compte utiliser son prêt pour acheter au fur et à mesure des bananes. Elle se procure de ces marchandises dans les marchés environnant Koutiala notamment Soukoumba et Molobala. Elle vend ces bananes en gros aux jeunes filles qui ensuite partent vendre en détail dans la ville de Koutiala, l’autre partie est vendue au marché de Yangasso en gros, au comptant et en détail.
Tandis que Les autres membres du groupe comptent réaliser un bénéfice moyen de 105 000FCFA chacune au cours de ce cycle, Bintou C., compte réaliser 120 000 FCFA.
En plus du remboursement des prêts, elles utilisent une partie du revenu pour faire face aux dépenses courantes de la famille.
Elles souhaitent renforcer leur partenariat avec Soro Yiriwaso afin de diversifier leurs activités.

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
  • 152
    View loans »
    Mali Loans Fundraising
  • $11,246,625
    Funds lent in using Kiva
  • 497.0
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Djiguiya (Hope) Group's $825 loan helped a member buying bananas.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 1, 2010
Listed
Dec 3, 2010
Currency Exchange Loss:
Possible
Ended:
Jun 15, 2011