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Jiguitougou Group
In this Group: Sira , Adam , Alima Soumba , Bibata , Nana , Naminata
JIGUITOUGOU is composed of six married women who are on average 35 years old, have 4 children, and live in monogamous families in SANOUBOUGOU, a working-class neighborhood of the city of Sikasso (third largest administrative region of Mali). They are on their fourth loan from microfinance institution Soro Yiriwaso, after having paid back the previous loans in a timely manner. Mrs SIRA, who sells condiments, is pictured second from right with a canned good of tomatoes in her hand. She plans to use her loan to purchase 3 cartons of Maggi bouillon cubes, 25 kilos of salt, 100 kilos of onions, 2 baskets of fresh cabbage, 5 baskets of fresh tomatoes, 10 boxes of tomato concentrate and 2 boxes of other condiments (peppers, boabab leaves). These items are generally purchased at the large market in the city of Sikasso and the surrounding villages, and sold in Sikasso markets as well as through family connections to a largely female clientele by cash or credit. She hopes to achieve monthly revenues of 40,000 FCFA (approximately 83 USD), a portion of which will be used to pay back the interest on her loan and the other portion will be deposited into her savings account.
View original language description ↓
JIGUITOUGOU sont constitué de six femmes mariées qui ont une moyenne d’âge de 35 ans, ont en moyenne 4 enfants et qui vivent majoritairement dans des familles monogames à SANOUBOUGOU I un des quartiers populaires de la ville de Sikasso 3ème région administrative du Mali.
Elles sont à leur quatrième prêt avec l’institution de microfinance Soro Yiriwaso, après avoir correctement remboursés les trois précédents.
Madame SIRA, qui fait le commerce de condiments alimentaires dans ce groupe de femmes JIGUITOUGOU, est la deuxième debout une boite de concentrée de tomate en main.
Elle compte acheter avec son prêt, 3 cartons de cube Maggi, 25 kg de sel gemme, 100 kg d’oignons, 2 paniers de choux frais, 5 paniers de tomates fraiches, 10 boites de concentrées de tomate et 2 colis autres petits condiments(fièfiè, poivre, feuille de baobab) au grand marché de la ville de Sikasso et dans les villages avoisinants.
Elle effectue sa vente au grand marché de Sikasso à une place fixe et en famille à une clientèle composée essentiellement de femmes, au comptant en détail et à crédit.
Elle envisage réaliser un bénéfice mensuel moyen de 40.000FCFA dont une partie est utilisée pour payer le prêt et son interêt et l’autre pour son épargne.

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
  • 143
    View loans »
    Mali Loans Fundraising
  • $11,272,850
    Funds lent in using Kiva
  • 467.6
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Jiguitougou Group's $1,300 loan helped a member purchase food products.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 16, 2011
Listed
Oct 1, 2011
Currency Exchange Loss:
Possible
Ended:
Apr 22, 2012