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Jiguisseme. Group
In this Group: Abi , Minata , Mariam , Abi , Alimata
The members of the Jiguisseme group are married women who are on average 41 years old and who on average have five children. They live mostly in polygamous families in the village of Kaboila in Sikasso prefecture, the third adminstrative region of Mali. They are on their 31st loan with the micro-finance institution Soro Yiriwaso, which helps them satisfy the needs of their customers. Their previous loans have been repaid on time.

Among the members of this group, Abi sells soumbala [ground, cooked and fermented beans from the African Locust tree]. With [her portion of] the loan, she hopes to buy ten sacs of beans from the African Locust tree. She procures the beans from villages around Kaboila. After she prepares them, she sells them on special market days in Sikasso with her family to male and female customers.

She hopes to earn an average monthly income of 35,000 francs CFA, in which a part will be used to pay back the loan and its interest and the other will be used for her savings. She hopes to increase her capital to better satisfy her customers.
View original language description ↓
Les membres du groupe JIGUISSEME sont des femmes mariées avec une moyenne d’âge de 41 ans, et ont en moyenne 5 enfants. Elles vivent la plupart dans des familles polygamiques à KABOILA village de la dite commune préfecture de Sikasso 3ème région administrative du Mali.
Elles sont à leurs trente unième prêts avec l’institution de micro finance Soro Yiriwaso afin de satisfaire le besoin de leur clientèle, les prêts passés ont été correctement rembourssés.
ABI fait le commerce de soumbala dans ce groupe de femmes JIGUISSEME.
Elle compte acheter avec son prêt 10 sacs de noix de néré. Elle s’approvisionne dans les villages environnants de Kaboïla village.
Elle les revend après transformation au grand marché de Sikasso ville le jour de foire et en famille à une clientèle composée d’hommes et de femmes au comptant.
Elle envisage réaliser un bénéfice mensuel de 35.500FCFA dont une partie est utilisée pour payer le prêt et son interêt et l’autre pour son épargne .
Elle ambitionne d’augmenter son chiffre d’affaire pour mieux satisfaire sa clientèle.

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
  • 19
    View loans »
    Mali Loans Fundraising
  • $10,748,325
    Funds lent in using Kiva
  • 502.3
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Jiguisseme. Group's $1,000 loan helped a member to buy néré beans [from the African Locust tree].
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 29, 2013
Listed
Mar 1, 2013
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2013