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Djamadjigui (L’Espoir Des Hommes) Group
In this Group: Sitan, Mama, Rokia, Djenebou, Minata, Mama, Founé, Fatoumata
Djamadjigui is a group of eight women of the village of Kimparana (San Prefecture, Ségou Region) who are neighbors. They average 36 years of age, are married, and are mothers of at least six children.


To expand their business, the members decided to join the Soro Yiriwaso loan program two years ago. The preceding loans enable them to consolidate their work and to have more customers and gain their loyalty. They do different work (catering and selling fruit, vegetables, and condiments). The group members, with their experience, have a great capacity to adapt to market realities. And so they change the nature of their business according to the opportunities and customers needs. The current loan will be used to buy different goods and resell them at the Kimpara marketplace and in neighboring villages. They get their supplies from the neighboring towns of Sikasso and San from accredited wholesalers.


Because of the rapid turnover of goods, they intend to realize an average profit of 120,000 francs CFA over the duration of the loan. A large portion of the profits will be used to address typical family expenses.

View original language description ↓
Le groupe djamadjigui est un regroupement de huit femmes du village de kimparana (Préfecture de San Région de Ségou) qui sont des voisines. Elles ont en moyenne 36 ans, mariées et mères d’au moins 6 enfants.
Pour augmenter la taille de leurs activités, les membres ont décidé d’intégrer le programme crédit de Soro Yiriwaso depuis deux ans. Les prêts précédents ont permis de consolider les activités et d’augmenter et de fidéliser la clientèle. Elles mènent différentes activités (la restauration, la vente de légumes, de fruits et de condiments alimentaires.). Les membres du groupe avec leur expérience ont une grande capacité d’adaptation aux réalités du marché. Ainsi elles changent la nature de leur activité selon les opportunités et les besoins de la clientèle. Le prêt actuel sera utilisé pour acheter divers produits et les revendre au marché de kimparana et dans les villages voisins.
Elles s’approvisionnent à partir des localités voisines de Sikasso et de San auprès de grossistes attitrés. En raison de l’écoulement rapide des produits, elles comptent réaliser en moyenne 120 000 CFA. de bénéfice pendant la durée du prêt. Une grande partie du bénéfice sera utilisé pour faire face aux dépenses courantes de la famille.

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
  • 10
    View loans »
    Mali Loans Fundraising
  • $10,386,300
    Funds lent in using Kiva
  • 513.7
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Djamadjigui (L’Espoir Des Hommes) Group's $2,350 loan helped a member to buy different articles.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Nov 16, 2008
Listed
Nov 1, 2008
Currency Exchange Loss:
Covered
Ended:
Jun 15, 2009