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Dèmè Group
In this Group: Fatoumata , Sitan , Minata , Salimatou , Yah , Alimata , Mayama , Mayama , Minata , Safiatou
Married for the most part in polygamous families, the ten women of the Dèmè group average 49 years of age and 5 children each. They all live in Gachi, a village located in the Segou region (fourth administrative region of Mali). They know each other because they are neighbors, relatives, or have become relatives through marriage. They buy and sell grains (millet and rice), milk, millet flat cakes and condiments.

The members of the group have joined Soro Yiriwaso in order to increase their business, for some, or to start a new income-generating activity. This is their first solidarity loan.

Fatoumata (second woman sitting from the right in the photo) is a successful grain seller in Gachi and its surroundings. She sells different types of grains. She plans to use her loan to buy 3 bags of millet at the Gassola market. She sells for cash and on credit, to a customer base which consists of men and women.

With this loan, Fatoumata is expecting average monthly profits to reach 15,000 CFA francs, which will be reinvested in the business and also used to buy the condiments that her family needs.
View original language description ↓
Les dix femmes du groupe Dèmè sont mariées majoritairement dans des familles polygames avec en moyenne 49 ans et 5 enfants par femme. Elles habitent toutes le village de Gachi, région de Ségou (4ème région administrative du Mali) et se sont connues à travers des liens de voisinage, de parenté et de mariage. Elles font l’achat et la vente des céréales (mil et riz), du lait, de la galette à base de mil et des condiments. Dans le but d’augmenter leurs fonds de commerce pour certaines et d’entre entreprendre une nouvelle activité génératrice de revenu, les membres du groupe intègrent Soro Yiriwaso et sont à leur 1er cycle de prêt solidaire.
Madame, Fatoumata (2ème femme assise sur la photo de la droite vers la gauche) est une grande vendeuse de céréales de toutes sortes dans le village de Gachi et ses environnants. Elle compte utiliser son prêt pour acheter 3 sacs de mil à la foire de Gassola. La revente se fait au comptant et à crédit à une clientèle composée d’hommes et de femmes. Avec ce prêt, Madame Fatoumata espère réaliser un bénéfice mensuel moyen de 15 000 FCFA qui sera utilisé pour être réinvesti dans l’activité et prendre en charge les besoins du foyer en condiments.

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
  • 6
    View loans »
    Mali Loans Fundraising
  • $10,173,725
    Funds lent in using Kiva
  • 496.8
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Dèmè Group's $1,025 loan helped a member to buy some millet.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 20, 2012
Listed
May 1, 2012
Currency Exchange Loss:
Possible
Ended:
Sep 15, 2012