Check out some available loans that are similar to this one!
Djiguisseme  2 Group
In this Group: Rokia Seydou , Fatoumata Seydou , Fatoumata Youssouf , Magni Madou , Soumba Sikita , Gnakali , Gnagno, Mama Madou, Alima , Kanouya
The ten members of the Djuguisseme 2 group are married women. On average, they are 41 years old and have four children. They all live in traditional families in Kampogosso, one of the villages in Kimparana in the San cercle (in the 4th administrative region of Mali).

They collaborate with the Soro Yiriwaso microfinance institution in order to maintain their farming activities over the rainy season.

This is their fifth loan with the institution and all their previous loans have been repaid in full.

Fatoumata Seydou, pictured standing third from the left, grows groundnuts. She will use her loan to buy farm inputs, seed and minor agricultural equipment, as well as pay the labour costs to maintain 0.5 hectares.

After harvest, the produce is sold in the village and in Kimparana, to both men and women customers.

Fatoumata Seydou is hoping to make 150 000 CFA francs by the end of the campaign. This money will help her to pay off the loan and help her husband with day-to-day expenses.
View original language description ↓
Les 10 membres du groupe DJIGUISSEME 2 sont des femmes mariées ayant une moyenne d’âge de 41 ans ,4 enfants et vivant toutes dans des familles traditionnelles à KAMPOGOSSO, un des villages de la commune KIMPARANA cercle de SAN, 4ème région administrative du Mali.
Elles collaborent avec l’institution de microfinance Soro Yiriwaso afin de mener à bien leurs activités agricoles pendant l’hivernage.
Elles sont à leur 5 eme prêt avec l’institution, les prêts passés ont été bien remboursés.
La spéculation cultivée est l’arachide avec FATOUMATA SEYDOU , 3eme femme débout de la gauche vers la droite sur la photo.
Avec son prêt, elle compte acheter des intrants, des semences, des petits matériels agricoles et payer les frais de labour pour entretenir 0,5 hectare.
La production sera vendue au niveau du village et à Kimparana, après la récolte, à une clientèle composée d’hommes et de femmes.
Elle compte réaliser un bénéfice moyen de 150 000FCFA en fin de 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
  • 43
    View loans »
    Mali Loans Fundraising
  • $10,429,550
    Funds lent in using Kiva
  • 501.9
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Djiguisseme 2 Group's $1,500 loan helped a member to pay labour costs and purchase farm inputs, minor agricultural equipment and seed.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jun 26, 2013
Listed
Jul 17, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 19, 2014