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Jiguiya Group
In this Group: Chata , Oumou , Ouaraba, Massaran , Awa , Fatoumata, Mariam
The seven members of the Jiguiya group are married women who on average are 40 years old with five children. Most of them live in polygamous families in Kadiolo Noumousso, one of the districts in the city of Kadiolo, in Sikasso (third administrative region of the Republic of Mali).

They are on their eleventh loan with the Soro Yiriwaso microfinance institution, to meet the needs of their customers.

In this group of women Ms. Chata processes shea kernels into shea butter for retail sales. She is seated at the far right.

She intends to use her loan to buy 300 kg of shea kernels she processes and retails on the spot with her family, for cash, to a clientele consisting for the most part of women.

She plans to make an average monthly profit of 45,000 CFA francs, a portion of which will be used to pay the loan and its interest, and the rest put into savings.
View original language description ↓
Les sept membres du groupe JIGUIYA sont des femmes mariées avec une moyenne d’âge de 40 ans, et ont en moyenne 5 enfants. Elles vivent la plupart dans des familles polygame à Kadiolo Noumousso un des quartiers de la ville de Kadiolo dans la région de Sikasso (3ème région administrative de la république du Mali).
Elles sont à leur 11ème prêt avec l’institution de micro finance Soro Yiriwaso afin de satisfaire le besoin de leur clientèle.
Mme CHATA fait la transformation et la commercialisation d’amandes de karité en beurre de karité dans ce groupe de femme. Elle se tien à l’extrême droite.
Elle compte acheter avec son prêt environs 300 kg d’amande de karité qu’elle transforme et vend en détail sur place en famille à une clientèle composée pour la majeur partie de femmes au comptant.
Elle envisage réaliser un bénéfice mensuel moyen de 45 000 francs cfa dont une partie est utilisée pour payer le prêt et son interêt et l’autre pour son épargne .

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
  • 51
    View loans »
    Mali Loans Fundraising
  • $10,437,500
    Funds lent in using Kiva
  • 479.6
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Jiguiya Group's $1,825 loan helped a member buy shea kernels.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 8, 2013
Listed
Oct 22, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 21, 2014