A loan of $1,125 helped a member purchase of various articles for re-sale.

Jiguissèmè Group's story

The four members of this Jiguissèmè group are all married women with an average age of 38 and on average, 2 children, and live in monogamous families in Ouayerma 1, one of the neighborhoods of the town of Sikasso, third administrative region of the Republic of Mali.

They work together with the micro-finance institution Soro Yiriwaso so as to satisfy the needs of their clientele and are on their 4th solidarity loan. The 3 preceding loans were all correctly reimbursed. They sell clothing, basins, fruit, and dry goods, and they provide services such as sewing.

With their new loan they intend to buy 5 dozen basins, 5 baskets of oranges, 2 stalks of bananas, 3 sacks of pineapple, 14 cases of apples, 2 sacks of sugar, two jerrycans of 20 liters of oil, 3 packets of various items, a dozen spools of sewing thread, and 3 lengths of cloth. They do their buying in the big open-air market of Sikasso town and in the surrounding villages. They sell their goods in Sikasso town in the various markets and in the neighborhoods on foot, and provide their services out of their homes. They sell for cash and occasionally for credit, to a clientele composed of men and women.

They each expect to make an average monthly profit of 32,500 F CFA of which part will be put into savings and used for family needs, the rest being invested back into their businesses. They count on having more working capital so as to better satisfy their clientele and to be able to set up a venue for their service-oriented businesses.

In this group: Fanta, Awa, Ami, Assétou

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Translated from French by Kiva volunteer Teresa Kramer

Loan details

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Loan details