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Djiguisseme Group
In this Group: Sanata, Hama, Sitan, Kadiatou
The Djiguisseme group is made up of 4 women who are all married and have an average age of 39 and, on average, 5 children. They live in traditional, extended families with their husbands, co-wives, brothers and sons in the Heremakono Nord district of Bougouni town. They got to know each other through neighbourly relationships, friendships and business. They joined the Soro Yiriwaso microfinance institution in order to strengthen their financial capacity so that they could better do business and are on their second loan. The previous loan was properly repaid.

The women of the group sell various items via Hama who is standing on the right of the picture. She plans to use her loan to buy various items (soaps, children's clothing and sumbala, a condiment made from nére seeds) from the wholesalers in Bougouni. She makes her sales at the market and door-to-door for cash or credit to a retail clientèle mostly made up of women. She expects to make an average monthly profit of 20 000 francs which she will reinvest in her business and use to repay the loan.
Le groupe DJIGUISSEME est constitué de 4 femmes toutes mariées ayant une moyenne d’âge de 39 ans et 5 enfants. Elles vivent dans des familles traditionnelles élargies avec leurs maris, coépouses, frères et fils dans le quartier HEREMAKONO NORD 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 2éme prêt. Le précédent prêt a été correctement remboursé. Ce groupe de femmes fait le commerce d’articles divers à travers de HAMA qui est la 1ére femme debout de la droite vers la gauche. Elle compte acheter avec son prêt des articles divers: savons, habits pour enfants et sounbala avec les commerçants grossistes de Bougouni. Elle effectue ses ventes au marché et à domicile, en détail au comptant et à crédit à une clientèle composée essentiellement de femmes.
Elle envisage réaliser un bénéfice mensuel moyen de 20.000FCFA qui sera investi dans les activités 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
  • 36
    View loans »
    Mali Loans Fundraising
  • $10,710,275
    Funds lent in using Kiva
  • 492.3
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Djiguisseme Group's $425 loan helped a member to buy items like soaps, children's clothing and sumbala.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 19, 2013
Listed
Aug 14, 2013
Currency Exchange Loss:
Possible
Ended:
Feb 17, 2014