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Djiguisseme  (L’Espoir) [Hope] Group
In this Group: Fatoumata , Sineni , Assan , Magnini , Mah
“Djiguisseme [hope]” is the name of a group of women from the first district of Koutiala, all of whom live in traditional extended families with their husbands, children and other family members. They are on the average 40 years old; all are married, with at least six children each. The group members sell various items, such as vegetables, condiments, smoked and dried fish, cooked dishes, etc.

In order to expand their business, three years ago the group members decided to participate in the credit program of Soro Yiriwaso. They are on their fifth group loan, and all prior loans have been duly repaid.

Sineni D., one of the group members, cooks food for sale and also sells vegetables. She cooks rice, pasta and meat in a diner near her home, mornings and evenings. She buys her ingredients at the big market of Koutiala, and her business is very popular. As to the vegetables, they are bought in Koutiala and in nearby areas and resold in Bamako little by little, until the stock is exhausted. While other members of this group plan to achieve a monthly income of 160,000 West African Francs after this loan, Sineni D. plans to earn 190,000. Apart from repaying the loan, the group members will use part of their revenues towards everyday family expenses.
View original language description ↓
Djiguisseme est un regroupement de femmes du premier quartier de la ville de Koutiala qui vivent dans de grandes familles traditionnelles avec leurs maris, enfants et autres parents. Elles ont en moyenne 40 ans, sont mariées et mères d’au moins 6 enfants.
Ce groupe de femmes fait le commerce d’articles divers tels, les légumes, les condiments, des poissons fumés et séchés, la restauration, etc.
Pour augmenter la taille de leurs activités, les membres du groupe ont décidé d’intégrer le programme crédit de Soro Yiriwaso il y a 3 ans. Elles sont à leur cinquième prêt de groupe et tous les prêts précédents ont été bien remboursés.
Sineni D. est un membre du groupe qui fait de la restauration et la vente de légumes. Elle prépare du riz, des pâtes alimentaires et de la viande dans un restaurant aménager non loin de son domicile matin et soir. Les ingrédients sont achetés au grand marché de Koutiala et Sineni est très sollicitée. Quand aux légumes, ils sont achetés à Koutiala et environs et revendus à Bamako au fur et à mesure que la quantité achetée s’épuise.
Tandis que Les membres du groupe comptent réaliser un bénéfice moyen de 160 000FCFA chacune au cours de ce cycle Sineni D. compte réaliser 190 000FCFA.
En plus du remboursement des prêts, elles utilisent une partie du revenu pour faire face aux dépenses courantes de la famille.

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
  • 480.4
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Djiguisseme (L’Espoir) [Hope] Group's $1,575 loan helped a member purchasing vegetables and ingredients for cooking.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 12, 2011
Listed
Feb 1, 2011
Currency Exchange Loss:
Possible
Ended:
Oct 15, 2011