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Djantoyerela Group
In this Group: Sitan , Kadiatou , Gnama , Rokia
The four members of the Djantoyerela group are married women averaging 41 years of age, with five children. They live in polygamous families in Noumousso, a working-class neighborhood in the town of Kadiolo (the third administrative district of Mali). They are on their seventh loan with the Soro Yiriwaso microfinance institution, with the goal of meeting customer demand. Prior loans have been duly repaid. Sitan, standing on the far right on the photo, is the one who prepares and sells shea butter in this group.

She plans to use her loan to purchase a dozen of 100-kg bags of shea nuts. She stocks up in the villages around the town of Kadiolo, and at the big town market on market days. After preparing shea butter, she sells it at the market and out of her home, to a customer base composed of both men and women, for cash. She plans to achieve an average monthly profit of 37,250 West African Francs, one part of which will be used to pay off the loan with interest, and the other part put away as savings.
View original language description ↓
Les quatre membres du groupe DJANTOYERELA sont des femmes mariées qui ont une moyenne d’âge de 41 ans, et ont en moyenne 5 enfants. Elles vivent dans des familles polygamiques à NOUMOUSSO un des quartiers populaires de la ville de KADIOLO (3ème région administrative du Mali).
Elles sont à leur septième prêt avec l’institution de microfinance Soro Yiriwaso afin de satisfaire le besoin de leur clientèle. Les prêts antérieurs ont été correctement remboursés.
SITAN debout 1ère à droite sur la photo fait la transformation et vente de beurre de karité dans ce groupe.
Elle compte acheter avec son prêt une douzaine de sacs de 100kg de noix de karité. Elle s’approvisionne dans les villages avoisinants de Kadiolo ville et au grand marché de la ville les jour de foires.
Après transformation en beurre de karité, elle les vend au marché et en famille à une clientèle composée d’hommes et de femmes au comptant.
Elle envisage réaliser un bénéfice mensuel moyen de 37.250FCFA dont une partie est utilisée pour payer le prêt et son intérêt 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
  • 156
    View loans »
    Mali Loans Fundraising
  • $11,265,850
    Funds lent in using Kiva
  • 518.5
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Djantoyerela Group's $975 loan helped a member to buy shea nuts.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 4, 2012
Listed
Jan 16, 2012
Currency Exchange Loss:
Possible
Ended:
Jul 15, 2012