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Djiguiya Group
In this Group: Fatoumata , Djelika , Salimata , Sanata
The four women of the Djiguiya Group all live within monogamous families. These women have an average age of 28 and around three children each. They all live in the Darsalam district of Ségou (the fourth largest administrative region in the Republic of Mali). They know each other through the ties of neighbourhood, family, marriage and their revenue-generating businesses in Darsalam district. They run food stalls and sell fruits, vegetables and grains.
In order to increase their business funds, the members of the the group decided to collaborate with Soro Yiriwaso. This will be their first loan with them.

Fatoumata (the woman standing to the left of the photograph) is a top pancake seller in both the Darsalam district and its surrounding areas. She plans on using this loan to buy two sacks of millet for making pancakes in order to satisfy the demand from her customers. She sells her produce for cash, but often in exchange for credit, to a mixed customer base. With this loan, Fatoumata hopes to be making an average monthly profit of 20,000 FCFA. These profits will be used to meet her family's needs and to increase her business funds.
View original language description ↓
Les quatre femmes du groupe Djiguiya vivent toutes dans des familles monogamiques. Elles ont en moyenne 28 ans et 3 enfants. Elles habitent toutes dans le quartier Darsalam de Ségou (4ème Région administrative de la Républiques du Mali).
Elles se sont connues à travers des liens de voisinage, de parenté, mariage et de leurs activités génératrices de revenu dans le quartier de Darsalam. Elles font de la restauration et le petit commerce de fruits et légumes, de grains. Dans le but d’augmenter leurs fonds de commerce, les membres du groupe ont décidé de collaborer avec Soro Yiriwaso et sont à leur 1ére cycle du prêt solidaire.
Madame Fatoumata (1ére femme debout de la droite vers la gauche dans la photo) est une grande vendeuse de galettes dans le quartier de Darsalam et ses environnants. Elle compte utiliser son prêt pour acheter 2 sacs de mil pour la satisfaction de la demande clientèle. La vente se fait au comptant et souvent à crédit à une clientèle mixte.
Madame Fatoumata espère réaliser un bénéfice mensuel moyen de 20 000 FCFA avec ce prêt, qui sera utilisé pour la prise en charge d’une partie des dépenses familiale et augmenter son fonds de commerce.

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.

Tags

About Mali

  • $1,200
    Average annual income
  • 10
    View loans »
    Mali Loans Fundraising
  • $10,386,300
    Funds lent in using Kiva
  • 477.1
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Djiguiya Group's $425 loan helped a member to buy millet.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 25, 2014
Listed
Mar 31, 2014
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2014