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Jiguignouma (Bon Espoir) Group
In this Group: Ami , Djenèba , Nematou , Djenèbou , Korotoumou , Adiaratou, Niagna
The seven women of the Jiguignouma group are all married; they have an average age of 35 and on average, 3 children. They live in big traditional extended families in the Hamdallaye district of the town of Koutiala (Sikasso region, Republic of Mali). They know each other because they are neighbors. They work in the same trade, dyeing and selling clothing (made out of "bazin" a kind of damask); they also do hairdressing and are very much in demand. Hairdressing is done every morning at home on the request of their clientele.



In order to satisfy the needs of their ever-growing clientele, the Jiguignouma group decided to join the micro-finance institution Soro Yiriwaso with whom they are on their third solidarity loan (group loan). Both the preceding loans were correctly reimbursed.



They intend to use this loan to buy lengths of "bazin" wholesale in Bamako (the capital of the Republic of Mali) as well as dyes, etc. The dyed "bazin" is sold retail in the market in Koutiala.



They each hope to make an average profit of 110,000 F CFA over the course of this loan cycle, which will be used to repay the loan and cover the expenses of their extended families, investing any remainder in their businesses. Their ambition is to diversify their businesses by taking up other income-generating activities such as opening a beauty salon.

View original language description ↓
Les sept femmes du groupe Jiguignouma sont toutes mariées, elles ont une moyenne d’âge de 35 ans et 3 enfants vivant dans des grandes familles traditionnelles élargies au quartier Hamdallaye de la ville de Koutiala (région de Sikasso, république du Mali). Elles se sont connues à travers des liens de voisinage.
Elles exercent la même activité de teinture et vente d’habits (bazin), par ailleurs, elles font de la coiffure et sont très sollicitées dans cette activité. La coiffure est pratiquée chaque jour à la maison à la demande de la clientèle
Afin de satisfaire le besoin de sa clientèle qui ne cesse d’augmenter, le groupe Jiguignouma a décidé d’intégrer l’institution de microfinance Soro Yiriwaso avec laquelle il est à son troisième prêt solidaire (prêt de groupe). Tous les prêts précédents ont été correctement remboursés.
Elles comptent utiliser ce prêt pour acheter des pièces de bazin en gros à Bamako (la capitale de la république du Mali) des colorants etc. Les bazins ainsi colorés sont vendus en détail au marché de koutiala.
Elles espèrent réaliser chacune un bénéfice moyen de 110 000 FCFA au cours de ce cycle qui sera utilisé pour payer les intérêts du prêt, subvenir aux besoins de la famille élargie et investir le reste dans les activités. Elles ont pour ambition de diversifier leur commerce en embrassant d’autres activités génératrices de revenus telle que l’ouverture d’un salon de coiffure.

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
  • 12
    View loans »
    Mali Loans Fundraising
  • $10,173,725
    Funds lent in using Kiva
  • 512.9
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Jiguignouma (Bon Espoir) Group's $1,375 loan helped a member dyeing, purchase of "bazin" cloth, and coiffure.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 9, 2009
Listed
Mar 2, 2009
Currency Exchange Loss:
Covered
Ended:
Aug 15, 2009