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Jolidenw (Les Belles Créatures) Group
In this Group: Maïmouna , Fatoumata , Mariam , Matougoune, Kadiatou , Maman , Yah
The women of the group Jolidenw are mostly married and average 28 years of age and three children. They live in polygamous families in the village of Marka-Coungo (Koulikoro region, Republic of Mali). They know one another by commercial ties in essentially firewood, charcoal, and condiments.


This group of women, in order to expand their business, decided to join the institution Soro Yiriwaso, with which they are on their eighth solidarity loan (group loan). All of their preceding loans have been correctly repaid.


This new loan will be used to build up a large stock of firewood gotten locally from peasants in Marka-Coungo and from surrounding villages. The wood is taken to Bamako (capital of Mali) by truck (10-tonnes) rented for the occasion and is sold for cash to wholesalers. On the way back, they buy condiments that will then be resold retail at the Marka-Coungo marketplace, cash or credit accepted, to customers composed of women. They each envision realizing a monthly profit of 50,000 francs CFA. Their ambition is to organize a marketplace for firewood in Marka-Coungo, at which wholesalers will be able to come and supply themselves at any time.

View original language description ↓
Les femmes du groupe Jolidenw sont en majorité mariées avec une moyenne d’âge de 28 ans et 3 enfants vivant dans des familles polygames dans le village de Marka-Coungo (région de Koulikoro République du Mali). Elles se sont connues par des liens du commerce essentiellement du bois de chauffe, du charbon de bois et des condiments alimentaires.
Ce groupe de femmes, afin d’augmenter la taille de ses activités a décidé d’intégrer l’institution Soro Yiriwaso avec laquelle elles sont à leur huitième prêt solidaire (prêt de groupe) et tous les prêts précèdent ont été correctement remboursés.
Ce nouveau prêt sera utilisé pour constituer un grand stock de bois de chauffe auprès des paysans sur place à Marka-Coungo et dans les villages environnants. Les bois sont acheminés à Bamako (capitale du Mali) à l’aide de camions (10 tonnes) loués pour la circonstance et vendus au comptant aux grossistes. Au retour elles achètent les condiments alimentaires qui seront ensuite revendus sur le marché de Marka-Coungo en détail, au comptant et à crédit à une clientèle composée de femmes. Elles envisagent réaliser chacune un bénéfice moyen mensuel de 50 000 FCFA. Elles ambitionnent organiser un marché de bois à Marka-Coungo dans lequel des grossistes pourront venir s’approvisionner à tout moment.

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
  • 68
    View loans »
    Mali Loans Fundraising
  • $10,449,750
    Funds lent in using Kiva
  • 516.0
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Jolidenw (Les Belles Créatures) Group's $700 loan helped a member to buy firewood and condiments.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 22, 2008
Listed
Dec 1, 2008
Currency Exchange Loss:
Covered
Ended:
May 15, 2009