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Safiatou's Group
In this Group: Safiatou , Bintou Adama , Koniba , Sata , Aminata , Makaya , Korotimi , Korotimi , Amata
The women of Djekafo Group average 34 years of age and three children. They all live in traditional families in Kancene, a village in Tominan Cercle (fourth administrative region of the Republic of Mali). These women got to know each other through bonds of kinship. They buy and sell food products, such as condiments, and other products.

After having repaid their previous loans without problems, the women of Djekafo Group are now seeking their fourth solidarity loan (group loan).

Safiatou is the second woman from the left in the standing row. She intends to use her part of the loan to buy 10 sacks of peanuts, baskets of pepper, fresh tomatoes, onions, eggplants, and baskets of cereals.

The women get their supplies in Kancene, and sell for cash and on credit, in Kancene and in the surrounding fairs, to a clientele comprising both women and men.

They intend to turn an average monthly profit of XOF 50'000 (ca US$ 105), to be used to cover healthcare, food, and school expenses. The remainder will be reinvested in their businesses.
View original language description ↓
Les femmes du groupe DJEKAFO ont en moyenne 34 ans, 3 enfants et vivent toutes dans des familles traditionnelles élargies à KANCENE, un des villages du cercle de Tominan (quatrième région administrative de la république du Mali).
Ces femmes se sont connues à travers des liens de parenté et font les activités d’achat et de vente de produits alimentaires tels les condiments alimentaires, et produits divers.
Après avoir correctement remboursés les prêts précédents, les femmes du groupe DJEKAFO sont à leur 4 eme prêt solidaire. SAFIATOU 2 eme personne debout de la gauche vers la droite sur la photo ne compte utiliser son prêt pour acheter, 10 sacs d’arachide, des paniers de poivres, de tomates fraîches, d’oignons, des aubergines et des paniers de grains de céréales.
Elles s’approvisionnent à KANCENE. Elles effectuent ses ventes, à KANCENE et dans les foires environnantes, au comptant, en détail et à crédit, à une clientèle composée de femmes et d’hommes.
Elles envisagent réaliser un bénéfice moyen mensuel de 50 000FCFA qui sera utilisé dans les dépenses relatives à la santé, à la nourriture, aux frais scolaires et le reste sera réinvesti dans les activités.

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
  • 13
    View loans »
    Mali Loans Fundraising
  • $10,177,025
    Funds lent in using Kiva
  • 479.6
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Safiatou's Group's $3,775 loan helped a member to buy peanuts, pepper, tomatoes, onions, eggplants, and cereals.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 2, 2013
Listed
Oct 22, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 16, 2014