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Djiguitougou Group
In this Group: Sanata , Fatoumata, Dinedjan , Nana, Maimouna , Awa, Djeneba
The Djiguitougou Group brings together women from the Koko district of the town of Koury. They all know each other well and live in large traditional families with their husbands, children and other parents. These married women have an average age of 37 and and at least two children each. This group of women sell various items, such as everyday food items and fritters. In order to expand the scale of their businesses, the group members decided to join the Soro Yiriwaso lending scheme. This will be their fifth group loan.

Sanata, the woman sat in the middle of the front row in the photo, is a member of the Djiguitougou Group. She sells everyday food items, such as onions, peanut paste and chilli. She plans on using this loan to purchase good quality products in large quantities, as and when she needs them, at the local market. She will then resell them to a mixed customer base. Whereas other members of the Djiguitougou Group are each planning to make an average profit of 130,000 FCFA over the course of this loan cycle, Sanata is planning on making 145,000 FCFA. In addition to paying back the loan, they will use part of the revenue to pay for their daily expenses and increase their working capital. They hope to further develop this partnership with Soro Yiriwaso so that their stock levels remain strong.
View original language description ↓
Djiguitougou est un regroupement de femmes du quartier Koko de la ville de Koury qui se connaissent bien et qui vivent dans de grandes familles traditionnelles avec leurs maris, enfants et autres parents. Elles ont en moyenne 37 ans, sont mariées et ont au moins 2 enfants.
Ce groupe de femmes fait le commerce d’articles divers tels que, Condiments, Beignet et divers. Pour augmenter la taille de leurs activités, les membres ont décidé d’intégrer le programme crédit de Soro Yiriwaso. Elles sont à leur cinquième prêt de groupe.
Sanata est un membre du groupe Djiguitougou assise et au milieu, vendeuse de condiments (Oignon, pattes d’arachide, piment…). Elle compte utiliser son prêt pour acheter au fur et à mesure ces condiments au marché en quantité et en qualité qu’elle vend en détail à une clientèle diverse.
Tandis que les autres membres du groupe Djiguitougou comptent réaliser un bénéfice moyen de 130 000FCFA chacune au cours de ce cycle Mme Sanata compte réaliser 145 000FCFA.
En plus du remboursement des prêts, elles utilisent une partie du revenu pour faire face aux dépenses personnelles et augmenter son fonds de commerce.
Elles souhaitent voir renforcer ce partenariat avec Soro Yiriwaso pour que les stocks ne soient pas rares.

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.

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About Mali

  • $1,200
    Average annual income
  • 36
    View loans »
    Mali Loans Fundraising
  • $10,710,275
    Funds lent in using Kiva
  • 480.5
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A portion of Djiguitougou Group's $2,200 loan helped a member to purchase everyday food items.
97% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 17, 2014
Listed
Jul 4, 2014
Currency Exchange Loss:
Possible
Ended:
Mar 3, 2015