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Jiguiya Group
In this Group: Mariam , Awa , Assa , Chiaka Mariam
The JIGUIYA group is made up of four married women. They have an average age of 39 years and an average of four children each. The women live in polygamous families in SIEKOURANI, a village in the commune of Loulouni in the cercle of Kadiolo. They are on their 22nd loan with the micro-finance institution Soro Yiriwaso, in order to satisfy their customers' needs. All of their previous loans were correctly repaid.

MARIAM (sitting, far right) is a member of the JIGUIYA group, and she buys and sells fruits and vegetables in Siekourani, Kadiolo, and Loulouni. She plans to use her loan to buy baskets of fresh tomatoes, cabbage, and bananas. She buys her goods from producers in Siékourani and in the surrounding villages. She sells her goods along the side of the road in Siékourani every day (and especially on the day of the fair) for cash to a clientele made up of both men and women.

She plans to earn an average monthly profit of 95,000 FCFA, part of which she will use to pay the interest on the loan and the rest of which she will save.
View original language description ↓
Les quatre membres du groupe JIGUIYA sont des femmes mariées avec une moyenne d’âge de 39 ans, 4 enfants et qui vivent dans des familles polygamiques à SIEKOURANI un des villages de la commune de Loulouni cercle de Kadiolo.
Elles sont à leurs vingt deuxième prêt avec l’institution de microfinance Soro Yiriwaso afin de satisfaire le besoin de leur clientèle et tous les prêts passés ont été correctement remboursés.
MARIAM assise 1ère à droite fait l’achat vente des fruits et légumes entre Siekourani, Kadiolo et Loulouni dans ce groupe de femmes.
Elle compte acheter avec son prêt des paniers de tomate fraiche, de choux et de bananes. Elle s’approvisionne Siékourani et dans les villages environnants auprès des producteurs.
Elle vend aux abords du goudron à Siékourani tous les jours et surtout le jour de foire à une clientèle composée d’hommes et de femmes au comptant.
Elle envisage réaliser un bénéfice mensuel moyen de 95.000FCFA dont une partie est utilisée pour payer le prêt et son interêt 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
  • 128
    View loans »
    Mali Loans Fundraising
  • $11,290,050
    Funds lent in using Kiva
  • 493.7
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Jiguiya Group's $1,625 loan helped a member to buy fruits and vegetables.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 28, 2012
Listed
Jan 16, 2013
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2013