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Djantoyerela Group
In this Group: Sitan , Kadiatou, Gnama , Djeneba
The four members of the group DJANTOYERELA are married women averaging 44 years of age and five children each. The women live in polygamous families in NOUMOUSSO, a working-class district in Kadiolo City. They are on their seventh loan with the microfinance institution Soro Yiriwaso to satisfy the needs of their customers. The past loans were correctly paid back.

SITAN, who is second from the right in the photo, sells shea butter in this group of women. She intends to use her loan to purchase a dozen sacks of shea nuts. She gets her supplies from the villages neighoring Kadiolo City and at the big market in town on market days. After processing the nuts into shea butter, she sells her product for cash to a customer base composed of men and women at the market and at home.

She envisions making an average monthly profit of 37,250 francs CFA. Part of the profits is used for repaying the loan and the interest on it, and the other part is for her savings.
View original language description ↓
Les quatre membres du groupe DJANTOYERELA sont des femmes mariées avec une moyenne d’âge de 44 ans, et en moyenne 5 enfants. Elles vivent dans des familles polygamiques à NOUMOUSSO un des quartiers populaires de la ville de KADIOLO.
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, 2ème de la droite vers la gauche sur la photo fait la vente de beurre de karité dans ce groupe de femmes DJANTOYERELA.
Elle compte acheter avec son prêt une douzaine de sacs de 100kg de noix de karité. Elle s’approvisionne dans les villages avoisinants Kadiolo ville et au grand marché de la ville les jours de foire.
Après transformation des noix 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 37.250 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
  • 14
    View loans »
    Mali Loans Fundraising
  • $10,173,725
    Funds lent in using Kiva
  • 505.3
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Djantoyerela Group's $1,200 loan helped a member to purchase shea nuts for making shea butter.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 20, 2012
Listed
Dec 3, 2012
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2013