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Jiguiya Group
In this Group: Mamouna , Sitan , Awa , Safiatou
The JIGUIYA group consists mainly of married women who average 33 years of age and two children each. They live for the most part in monogamous families in Ouayerma Zone, a district of the city of Sikasso (third administrative region of Mali). This is their fifth collaboration with the microfinance institution Soro Yiriwaso to meet the needs of their customers.

Sitan has been selling shoes for approximately four years and wishes to become a wholesaler. She will use her loan to buy over a hundred pairs of plastic shoes from wholesalers at the Grand market of Sikasso. She sells the shoes at retail in her usual spot at the weekly fair of Sikasso, and door-to-door the rest of the time, to a clientele composed of both men and women, for cash.

She expects to earn an average monthly profit of 27,500 FCFA, part of which will be used to pay the interest and the loan and the rest added to her savings. She hopes to increase her sales and better serve her customers.
JIGUIYA est constitué essentiellement de femmes mariées avec une moyenne d’âge de 33 ans, et en moyenne 2 enfants. Elles vivent la plupart dans des familles monogamiques à Ouayerma Zone, un des quartiers de la ville de Sikasso (3ème région administrative du Mali).
Elles sont à leur cinquième prêt avec l’institution de microfinance Soro Yiriwaso afin de satisfaire le besoin de leur clientèle.
SITAN fait le commerce de chaussures, il y’a environ 4 ans et souhaite devenir grossiste.
Elle compte acheter avec son prêt, plus d’une centaine de paires de chaussures en plastique. Elle s’approvisionne dans au grand marché de Sikasso chez les grossistes. Elle les revend en détail à une place fixe les jours de foires hebdomadaires de la ville de Sikasso, de façon ambulante les jours ordinaires et en famille, à une clientèle composée d’hommes et de femmes au comptant.
Elle envisage réaliser un bénéfice mensuel moyen de 27.500FCFA dont une partie est utilisée pour payer le prêt et son intérêt et l’autre pour son épargne.
Elle ambitionne d’augmenter son chiffre d’affaire pour mieux satisfaire sa clientèle.

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

  • $1,100
    Average annual income
  • 13
    View loans »
    Mali Loans Fundraising
  • $11,524,125
    Funds lent in using Kiva
  • 490.4
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD