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Djekafo Group
In this Group: Kadia , Fanta , Adam , Oumou , Fatoumata
For the most part married in nuclear families, the five women of the group Djekafo average 33 years of age and three children each. The women all live in the Médine district of San City. They know one another through ties of community, professional work, and kinship. They buy and sell beverages, clothing, grains, and many other goods.

With the goal of increasing their business capital, the group members joined the microfinance institution Soro Yiriwaso and are now on their first solidarity loan.

Ms. Kadia (the first woman standing from right to left in the photo) is specialized in selling imported and domestic rice. She is much in demand and appreciated in and around San City.

She intends to use her loan to buy 400 sacks of rice from peasant producers of the San rice fields. Accepting cash or credit, she sells retail to a customer base composed of men and women.

With this loan, Ms. Kadia hopes to make an average monthly profit of 32,000 francs CFA that will be used for reinvesting in her business and helping her spouse to cover family expenses.
View original language description ↓
Majoritairement mariées dans des familles nucléaires, les cinq femmes du groupe Djekafo ont en moyenne 33 ans et 3 enfants. Elles habitent toutes le quartier Médine de la ville de San. Elles se sont connues à travers des liens de voisinage, de leurs activités professionnelles et de parenté. Elles font l’achat et la vente de boissons, d’habits, de céréales et bien d’autres produits alimentaires.
Dans le but d’augmenter leurs fonds de commerce, les membres du groupe ont intégré Soro Yiriwaso et sont à leur 1 er prêt solidaire.
Madame, Kadia ( 1ere femme debout de la droite vers la gauche sur la photo) s’est spécialisée dans la vente de riz importés et de productions locales. Elle est très sollicitée et appréciée dans la ville de San et envions.
Elle compte utiliser son prêt pour acheter, 400 sacs de riz auprès des paysans producteurs du casier rizicole de San. Elle effectue ses ventes au comptant, en détail et à crédit à une clientèle composée d’hommes et de femmes.
Avec ce prêt, Madame Kadia espère réaliser un bénéfice mensuel moyen de 32.000 FCFA qui sera utilisé pour être réinvesti dans l’activité et aider son conjoint à subvenir aux dépenses de la familles.

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
  • 8
    View loans »
    Mali Loans Fundraising
  • $9,921,450
    Funds lent in using Kiva
  • 499.2
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Djekafo Group's $1,025 loan helped a member to buy rice.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 16, 2012
Listed
Apr 11, 2012
Currency Exchange Loss:
Possible
Ended:
Sep 15, 2012