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Djiguisseme Ii Group
In this Group: Yanfoung , Kalifa , Moussa , Soungalo , Amadou , Sidiki , Fousseyni, Bakary
The eight members of the Djiguisseme II Group are married men who average 26 years of age and two children each, and all live in traditional families in Foh, a village in Sikasso, Mali's third administrative region.

They collaborate with microfinance institution Soro Yiriwaso in order to carry out their agricultural work during the rainy season. The group is on their third loan with the institution and the previous two loans have been properly repaid.

The crop is corn and Moussa, standing in the middle of the photo, plans to purchase supplies and seeds and to pay for labor costs for two hectares with his loan. After the harvest, the produce is sold in the village and at the market in Sikasso to a group of customers made up of men and women.

Moussa expects to see an average profit of 300,000 CFA francs per season. This profit will allow him to repay his loan, as well as to help his extended family with their daily expenses.
View original language description ↓
Les 8 membres du groupe Djiguisseme II sont des hommes mariées ayant une moyenne d’âge de 26 ans, 2 enfants et vivant tous dans des familles traditionnelles à Foh, un des villages de SIKASSO, 3ème région administrative du Mali.
Elles collaborent avec l’institution de microfinance Soro Yiriwaso afin de mener à bien leurs activités agricoles pendant l’hivernage.
Ils sont à leur troisième prêt avec l’institution et les deux prêts passés ont été bien remboursés.
La spéculation cultivée est : le maïs, et Moussa debout au milieu sur la photo,
compte acheter avec son prêt, des intrants, la semence et payer les frais de labour pour entretenir : 2 hectares.
La production est vendue au niveau du village, au marché de SIKASSO après la récolte à une clientèle composée d’hommes et de femmes.
Il compte réaliser un bénéfice moyen de 300.000FCFA par campagne.
Ce bénéfice lui permettra de payer son prêt et aussi aider la grande famille dans les dépenses quotidiennes.

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
  • 60
    View loans »
    Mali Loans Fundraising
  • $10,449,750
    Funds lent in using Kiva
  • 517.3
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Djiguisseme Ii Group's $2,900 loan helped a member to purchase supplies, seeds, and to pay for labor costs.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
May 16, 2012
Listed
Jul 1, 2012
Currency Exchange Loss:
Possible
Ended:
Apr 17, 2013