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Total loan: $950
Jiguiseme Iv Group
Kampogosso Kafonon, , Mali / Agriculture
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Jiguiseme Iv Group's loan finished fundraising,
but these similar borrowers just need a little more help to reach their goals!
A loan helped purchase of fertilizer, seeds and small equipment.
Jiguiseme Iv Group's story
JIGUISEME IV is a group of married women from the village of Kampogosso Kafonon in the prefecture of San, in the region of Ségou. They live in traditional families. They are, on average, 37 years old and have at least seven children. They cultivate peanuts. In hopes of increasing profits from their agricultural work, the members of the group decided three years ago to participate in the loan program through Soro Yiriwaso. After having properly repaid their previous loans, they are now on their third business loan. Tantio C., the leader of the group, plans to use her loan to buy an adequate quantity of peanut seeds, small tools, and fertilizer at the main market of Kimparana. After the winter season, the crops are stored for a length of time so that their value will increase before being sold at the main market of Kimparana. They also make their sales in neighboring markets at retail (and often at wholesale), in cash, to customers who generally come from large cities. The members of the group each plan to earn, after the sale of their agricultural products, a profit of 25,000 to 30,000 FCFA which will be used to pay the interest on the loan and to meet daily family expenses.
Translated from French by Shannon Arnold, Kiva Volunteer