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Djiguiya Group
In this Group: Djeneba , Aminata , Setou , Fatoumata
The members of the Djiguiya group are all married women who are, on average, 38 years old and have three children each. Most of them live in nuclear families, in the Massablacoura neighborhood of the city of Bougouni.

They are friends, neighbors, or have come to know each other through their commercial activities. In order to boost their financial capacity and to improve their businesses, they have joined the microfinance institution Soro Yiriwaso and are on their thirteenth loan. They sell grains and clothes.

Fatoumata, who is sitting and holding a paper, buys and sells grains (millet, maize, groundnut, fonio, sorghum etc.)

With her loan, she intends to buy 400 kg of fonio from stallholders in Bougouni. She sells at the market and from home, for cash and on credit, to a retail customer base consisting of men and women.

She is expecting average monthly profits to reach 40,000 CFA francs, which will be reinvested in her business, used to cover healthcare costs and to repay her loan.
View original language description ↓
Toutes mariées, les femmes du groupe Djiguiya qui ont une moyenne d’âge de 38 ans et 3 enfants vivent majoritairement dans des familles nucléaires dans le quartier Massablacoura de la ville de Bougouni.
Elles se sont connues à travers des liens de voisinage, d’amitié et de commerce. Pour renforcer leur capacité financière afin de mieux faire leur commerce, elles ont adhéré à l’institution de microfinance Soro Yiriwaso avec laquelle elles sont à leur treizième prêt. Ce groupe de femmes fait le commerce de céréales et d’habits.
Fatoumata, qui est assise papier en main fait l’achat vente de céréales (mil, maïs, arachide, fonio, sorgho etc).
Elle compte acheter avec son prêt, 400 kilos de fonio auprès des forains de à Bougouni. Elle effectue ses ventes au marché et à domicile, en détail au comptant et à crédit à une clientèle composée d’hommes et de femmes.
Elle envisage réaliser un bénéfice mensuel moyen de 40.000FCFA qui sera investi dans les activités, utilisé pour les frais de santé et rembourser le prêt.

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
  • 32
    View loans »
    Mali Loans Fundraising
  • $10,386,300
    Funds lent in using Kiva
  • 492.7
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Djiguiya Group's $1,225 loan helped a member to buy grains.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 21, 2013
Listed
Jan 23, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2013