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Jiguiya Group
In this Group: Rokia , Alima, Salimata , Awa , Djenedjie
The five members of the JIGUIYA group are married women who, on average, are 35 years old and have three children each. They live in monogamous families in Médine, one of the working class neighborhoods of the city of Sikasso (third administrative region of Mali). This is their twelfth loan with the micro-finance institution Soro Yiriwaso, and they are taking this loan to meet their customers' needs.

DJENEDJIE is a member of the JIGUIYA group and she sells rice. In the photo, she is the woman standing in the middle.

She is planning to use her loan to buy four bags of hulled rice (brown rice) which she will resell locally, with her family, to a retail customer base which mostly consists of women who pay her cash.

She is expecting average monthly profits to reach 35,000 CFA francs, part of which will be used to pay back her loan and the interest, while the rest will be saved.
View original language description ↓
Les cinq membres du groupe JIGUIYA sont des femmes mariées avec une moyenne d’âge de 35 ans, et ont en moyenne 3 enfants. Elles vivent dans des familles monogamiques à Médine un des quartiers populaire de la ville de Sikasso 3ème région administrative du Mali.
Elles sont à leur douzième prêt avec l’institution de microfinance Soro Yiriwaso afin de satisfaire le besoin de leur clientèle.
Mme DJENEDJIE fait le commerce de grain de riz dans ce groupe de femmes de JIGUIYA elle se tient au milieu.
Elle compte acheter avec son prêt 4 sacs de riz décortiqué qu’elle revend en détail sur place en famille à une clientèle composée pour la majeur partie de femmes au comptant.
Elle envisage réaliser un bénéfice mensuel moyen de 35 000 FCFA 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
  • 36
    View loans »
    Mali Loans Fundraising
  • $10,710,275
    Funds lent in using Kiva
  • 512.3
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Jiguiya Group's $1,225 loan helped a member to buy rice.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 7, 2012
Listed
Nov 20, 2012
Currency Exchange Loss:
Possible
Ended:
May 17, 2013