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Djèmanguelen Group
In this Group: Fatoumata , Baron , Anatou , Kadia
The four members of the Djèmanguelen group are married women, living mainly in monogamous families and averaging 51 years of age, with four children. They all live in the Ségou Coura district of the town of Ségou and know each other as neighbors. They buy and resell fish, gourds, cereals and condiments. With the goal of bolstering their working capital, the group members have decided to join the Soro Yiriwaso loan program and are now on their 6th solidarity loan.

Mrs. Kadia (the first one from the right to the left in the photo) is known in Ségou Coura as a vendor of smoked and fresh fish. She plans to use her loan to buy 60 kg of smoked fish. She stops up in Markala. She sells retail, for cash and on credit to a customer base composed mainly of women. With this loan, Mrs. Kadia hopes to achieve an average monthly revenue of 20,000 West African francs, which will be reinvested in her business in order to expand it.
View original language description ↓
Les quatre femmes du groupe Djèmanguelen sont mariées majoritairement dans des familles monogamiques avec en moyenne 51 ans et 4 enfants. Elles habitent toutes au quartier Ségou Coura dans la ville de Ségou et se sont connues à travers des liens de voisinage. Elles font l’achat et la vente du poisson, des calebasses, des céréales et des condiments. Dans le souci d’augmenter leurs fonds de commerce, les membres du groupe ont décidé d’intégrer le programme crédit de Soro Yiriwaso avec qui, elles sont à leur 6ème cycle de prêt solidaire.
Madame Kadia (femme en 1ème position sur la photo de la droite vers la gauche) est connue à Ségou Coura pour sa vente de poissons fumés et frais. Elle compte utiliser son prêt pour acheter 60kg de poissons fumés. Elle se ravitaille en poisson à Markala. La revente se fait en détails, au comptant et à crédit à une clientèle composée majoritairement de femmes. Avec ce prêt, Madame Kadia espère réaliser un bénéfice mensuel moyen de 20 000 FCFA qui sera utilisé pour être réinvesti dans l’activité afin d’augmenter son volume.

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
  • 68
    View loans »
    Mali Loans Fundraising
  • $10,809,225
    Funds lent in using Kiva
  • 505.9
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Djèmanguelen Group's $600 loan helped a member to buy smoked fish.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 13, 2012
Listed
Dec 7, 2012
Currency Exchange Loss:
Possible
Ended:
May 17, 2013