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Jiguiseme Vii Group
In this Group: Salimata , Portio Ladji , Fatoumata Siaka , Dialia Falotie , Karidia , Karitio Moumine , Minata , Natieke , Mariam Bazie , Diata Bourama
The JIGUISEME VII group consists of married women who, on average, are 41 years old and have six children each. They all live in polygamous families in Kafana, one of the villages of the Cercle of Sikasso, third administrative region of Mali.

The members of the group have joined the microfinance institution Soro Yiriwaso in order to successfully carry out their farming activities during the rainy season. They are on their fifth loan with the institution and their previous loans have been duly repaid.

The featured borrower, Salimata, grows groundnuts. In the photo, she is in the middle of the standing row. She plans to use her loan to buy seeds and fertilizers, in order to cultivate 1 hectare (2.47 acres) of land.

After the harvest, she sells her crop to both men and women, in her village and at the Sikasso market.

She is expecting to make an average profit of 60,000 CFA francs per season. This profit will allow her to repay her loan and to help her husband cover the daily expenses.
View original language description ↓
Les membres du groupe JIGUISEME VII sont des femmes mariées ayant une moyenne d’âge de 41 ans, 6 enfants et vivant toutes dans des familles polygames à Kafana, un des villages de SIKASSO 3ème région administrative du Mali.
Elles collaborent avec l’institution de micro finance Soro Yiriwaso afin de mener à bien leurs activités agricoles pendant l’hivernage.
Elles sont à leur cinquième prêt avec l’institution, les prêts passés ont été bien remboursés. La spéculation cultivée est l’arachide avec SALIMATA debout au milieu. Avec son prêt, elle compte acheter les semences et les engrais pour entretenir 1 hectare.
La production est vendue au niveau du village, au marché de SIKASSO après la récolte à une clientèle composée d’hommes et de femmes.
Elle compte réaliser un bénéfice moyen de 60.000 francs CFA par campagne.
Ce bénéfice lui permettra de payer son prêt et aussi d’aider son mari dans les dépenses quotidiennes.

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
  • 10
    View loans »
    Mali Loans Fundraising
  • $9,921,450
    Funds lent in using Kiva
  • 496.8
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Jiguiseme Vii Group's $1,150 loan helped a member to buy agricultural inputs and seeds.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
May 23, 2013
Listed
Jun 16, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 16, 2014