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Djiguiya 1 Group
In this Group: Dramane M , Diabi , Sidiki , Lamine , Issouf B , Bayaya , Tahirou , Fousseny , Lassina M
The Djiguiya 1 group is made up of nine married men, who average 36 years of age with five children each; they all live in polygamous families in Bladie, one of the villages of Bougouni, Mali's third administrative region. They collaborate with the micro-finance institution, Soro Yiriwaso, so that they can carry out their winter farming activities smoothly. They are on their third loan from the institution and the two previous loans have been repaid in full.

Lamine, who is standing second from the left in the photo, grows corn. With his loan he is planning to buy inputs and seeds, and also pay for labor and hoeing of three hectares of land. Once harvested, the produce will be sold in the village, at the market, to a customer base made up of men and women.

He expects to make a profit of 450,000FCFA per season. This profit will enable him to repay his loan and manage his family's daily outgoings.
View original language description ↓
Le groupe DJIGUIYA 1 est constitué de 9 hommes mariés ayant une moyenne d’âge de 36 ans et 5 enfants et vivant tous dans des familles polygames à BLADIE, un des villages de BOUGOUNI, 3ème région administrative du Mali.
Ils collaborent avec l’institution de microfinance Soro Yiriwaso afin de mener à bien leurs activités agricoles hivernale.
Ils sont à leur 3ème prêt avec l’institution, les 2 prêts passés ont été bien remboursés.
Le maïs est la spéculation cultivée de LAMINE, le 2ème homme debout dans la photo de la gauche vers la droite.
Avec son prêt, il compte acheter des intrants, la semence, payer les frais de labour et de sarclage pour exploiter 3 hectares.
La production sera vendue au niveau du village, au marché, après la récolte à une clientèle composée d’hommes et de femmes.
Il compte réaliser un bénéfice de 450.000FCFA par campagne.
Ce bénéfice lui permettra de rembourser son prêt et de gerer les dépenses quotidiennes 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.

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About Mali

  • $1,200
    Average annual income
  • 29
    View loans »
    Mali Loans Fundraising
  • $10,710,275
    Funds lent in using Kiva
  • 489.6
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A portion of Djiguiya 1 Group's $3,700 loan helped a member to buy inputs and seeds, and pay for labor and hoeing.
87% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jul 22, 2014
Listed
Aug 20, 2014
Currency Exchange Loss:
Possible
Ended:
Apr 29, 2015