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Deme Group
In this Group: Wassa, Maman, Maraiam, Siga
The Deme group is composed of married women, who on average are 35 years old with two children. They all live in traditional families in the village of Djoni, in the Konobougou district, part of the Baroueli Prefecture, in the Segou Region (fourth administrative region of the Republic of Mali).

They met through kinship, neighborhood ties and friendship. They sell cereal, salt, clay, and various other items.

The women in the Deme group are on their second group loan. In order to meet the huge demand of their customers, they call upon Soro Yiriwaso. Loan amounts will be used to buy the goods already mentioned.

The member who is sitting is Siga. She is illiterate, and is currently a vendor of clay used to make pottery. She intends to buy four bags of clay from local village women. Sales are conducted wholesale against cash in Konobougou, to a mixed clientele.

She expects to make monthly profits of 20,000 CFA francs, which will be reinvested in the business.
View original language description ↓
Le groupe DEME est composé de femmes mariées, elles ont en moyenne 35 ans, et 2 enfants. Elles vivent toutes dans des familles traditionnelles dans le village de de Djoni, commune de Konobougou, préfecture de Baroueli, Région de Ségou,(quatrième région administrative de la République du Mali).
Elles se sont connues à travers des liens de parenté, de voisinage et d’amitié. Elles font le commerce de céréale, de sel, d’argile, et d’article divers. Les femmes du groupe DEME sont à leur deuxième prêt solidaire. Dans le but de satisfaire la demande énorme de leurs clientèles, elles font recours à SORO YIRIWASO.
Ces montants seront utilisés pour acheter leurs marchandises déjà citées.
La cliente SIGA la personne assise est analphabète, elle est actuellement vendeuse d’argile pour faire des poteries. Elle compte acheter 4 sacs d’argile sur place avec les femmes du village. La vente se fait en gros et en espèce à Konobougou, a une clientèle mixte. Elle compte réaliser un bénéfice mensuel de 20 000Fcfa, qui sera réinvesti dans l’activité.

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
  • 16
    View loans »
    Mali Loans Fundraising
  • $10,308,425
    Funds lent in using Kiva
  • 475.8
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Deme Group's $425 loan helped a member buy clay.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 5, 2014
Listed
Mar 27, 2014
Currency Exchange Loss:
Possible
Ended:
Jul 18, 2014