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Joli Group
In this Group: Fati , Rokia , Adam, Maminata
The JOLI group is composed of 4 women (3 married and 1 single) who average 27 years of age and 3 children. They live in monogamous families in SANOUBOUGOU II, a district of the city of Sikasso, 3rd administrative region of Mali.
This is the first time they collaborate with Soro Yiriwaso, a microfinance institution, in order to meet the needs of their customers. This group of women is in the fruit business with FATI.
With this loan, FATI intends on buying 750kg of potatoes. She buys them at the market in MEDINE. The potatoes are then sold retail and for cash, both at the station and door to door, to a clientele of men and women.
She expects to make a monthly profit of 30.000FCFA, which will be mostly used for her family's daily expenses.
View original language description ↓
Le groupe JOLI est constitué 3 femmes mariées et d’une célibataire, qui ont en moyenne 27 ans, 3 enfants et vivent dans des familles monogames à SANOUBOUGOU II un des quartiers de la ville de Sikasso 3ème région administrative du Mali.
Elles sont à leur première collaboration avec l’institution de microfinance Soro Yiriwaso afin de satisfaire le besoin de leur clientèle. Ce groupe de femmes fait le commerce de fruits avec FATI.
FATI, compte acheter avec son prêt, 750 Kg de pomme de terre. Elle s’approvisionne au marché de MEDINE. Les pommes de terre sont revendus à la gare et en famille à une clientèle composée d’hommes et de femmes au comptant et en détail.
Elle envisage réaliser un bénéfice mensuel moyen de 30.000FCFA qu’elle compte utiliser pour les dépenses quotidiennes 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
  • 52
    View loans »
    Mali Loans Fundraising
  • $10,780,275
    Funds lent in using Kiva
  • 458.3
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Joli Group's $450 loan helped a member to buy potatoes.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 27, 2011
Listed
May 22, 2011
Currency Exchange Loss:
Possible
Ended:
Nov 15, 2011