A loan of $1,225 helped a member buying supplies, seeds, and equipment.

Jiguiseme Ii Group's story

The group Jiguiseme II is composed of ten married women from the village of Kampogosso Kafonon, in San prefecture, Segou region (4th administrative region of the Republic of Mali).  They live in traditional families and average 34 years of age and at least five children.  The group members grow peanuts.  Concerned with making their crops profitable, they decided to join the loan program of the micro-finance institution Soro Yiriwaso three years ago.  After having properly repaid the two previous loans, they are now on their third farm loan.

Ester D. plans on using her loan for buying a sufficient quantity of peanut seeds, sundry equipment, and some supplies at the big market of Kimparana and at surrounding markets.  After the winter, the harvests are stored for a while, so that they acquire some value.  They are then sold retail (often in bulk) for cash to a customer base generally from the big cities. 

After selling their produce, the group members each plan on making a profit of 25,000 to 55,000 francs CFA. The profits will be used for repaying the loan interest and for covering common family expenses.

In this group: Bintou Brema, Sitan Alou, Rokia Adama, Minata Moussa, Setou Seydou, Fatoumata Drissa, Ester, Karia, Fatoumata B, Mamou Drissa

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Translated from French by Kiva volunteer Daniel Kuey

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