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Djiguissèmè Group
In this Group: Fatoumata , Fatoumata , Aissata , Korotimi , Massitan
The five members of the Djiguissèmè group are all married women living mainly in monogamous families. They average 49 years of age, with three children. They all live in the N’gara village in the Sègou region (the fourth administrative region of Mali) and know each other as neighbors or relatives, as well as through their commerce. They retail cereals, fruits and vegetables. With the goal of bolstering their working capital, the group members have decided to collaborate with Soro Yiriwaso and are now on their fourth solidarity loan.

Mrs. Fatoumata (the one seated in the top row on the far left in the photo) is a well-known vendor of fruits and vegetables of all kinds in the N’gara village and the nearby region. She plans to use her loan to buy 20 baskets of papayas from village farmers. She resells for cash and on credit, out of her home and at the Konodimini market, to a customer base composed of both men and women. Thanks to this loan, Mrs. Fatoumata hopes to earn an average monthly revenue of 17,000 West African francs, which will be used to reinvest in her business and provide for her children’s needs. Her goal is to start raising small livestock thanks to the savings she will be able to grow with Soro Yiriwaso.
View original language description ↓
Les cinq femmes du groupe Djiguissèmè sont mariées majoritairement dans des familles monogamiques. Elles ont en moyenne 49 ans et 3 enfants. Elles habitent toutes dans le village de N’gara dans la région de Ségou (4ème Région administrative du Mali) et se sont connues à travers des liens de voisinage, de parenté et de leurs activités génératrices de revenu dans le village. Elles font le petit commerce de céréales et des fruits et légumes. Dans le but d’augmenter leurs fonds de commerce, les membres du groupe ont décidé de collaborer avec Soro Yiriwaso et sont à leur 4ème cycle de prêt solidaire.
Madame Fatoumata (femme assise en haut à l’extrême gauche en 1ère position sur la photo) est une grande vendeuse de fruits et légumes de toutes sortes dans le village de N’gara et ses environnants. Elle compte utiliser son prêt pour acheter 20 paniers de papayes avec les maraîchers du village. La revente se fait au comptant et à crédit à domicile et dans la foire de Konodimini à une clientèle composée d’hommes et de femmes. Madame Fatoumata espère réaliser un bénéfice mensuel moyen de 17 000 FCFA avec ce prêt, qui sera utilisé, pour être réinvesti dans l’activité et assurer l’entretien des enfants du foyer. Elle ambitionne faire l’élevage des petits ruminants avec l’épargne constituée avec Soro Yiriwaso.

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
  • 73
    View loans »
    Mali Loans Fundraising
  • $10,809,225
    Funds lent in using Kiva
  • 506.4
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Djiguissèmè Group's $500 loan helped a member to buy papayas.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 7, 2013
Listed
Mar 21, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2013