Check out some available loans that are similar to this one!
Djiguiseme Group
In this Group: Fatou , Bana Sadia , Papa *, Rokia, Mema , Tata , Sokoula , Aminata, Minata
* not pictured
The women of the Djiguiseme group are on average 43 years old with 4 children and all live in traditional larger families in Kancene, one of the villages in Tominian (the fourth administrative region of Mali.) These women came to know each other through relatives and are in the business of purchase and resale of food products and spices, as well as other assorted items.

Having fully repaid their previous loans, the women of Djiguiseme are on their 4th group loan together. Fatou, pictured as the first person sitting from left to right in the photo, plans to use her loan proceeds to purchase 1 barrel of cooking oil, peppers, fresh tomatoes, onions, eggplants, baskets of grains and cereals, and some baskets of fruits and vegetables. She stocks up in Tominian, and makes her sales in Kancene and in the neighboring markets at retail, for both cash and credit, to a customer base made up of both men and women.

The women hope to earn an average monthly profit of 20,000 francs CFA each, which will be used to take care of their health needs, food, and education costs, and the rest will be reinvested in their businesses.
View original language description ↓
Les femmes du groupe DJIGUISEME ont en moyenne 43 ans, 4 enfants et vivent toutes dans des familles traditionnelles élargies à KANCENE, un des villages du cercle de Tominian (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 DJIGUISEME sont à leur 4 eme prêt solidaire. FATOU 1 ère personne assise de la gauche vers la droite, compte utiliser son prêt pour acheter, 1bidon d’huile alimentaire, des poivres, des tomates fraîches, des oignons, des aubergines, des paniers de grains de céréales et quelques paniers de fruits et légumes.
Elles s’approvisionnent à Tominian. 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 20 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
  • 143
    View loans »
    Mali Loans Fundraising
  • $11,272,850
    Funds lent in using Kiva
  • 479.6
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Djiguiseme Group's $950 loan helped a member to purchase food products.
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