A loan of $1,025 helped a member to buy "pagnes".


Jiguisseme Group's story

The Jiguisseme group is made up of married women, who average 37 years of age with an average of four children each; the majority of them live in polygamous families in Kaboïla, one of the working-class districts of the town of Sikasso.

They are on their twenty-seventh loan from the micro-finance institution, Soro Yiriwaso, with a view to satisfying their customer demand. Their previous loans have been repaid in full.

Alimata, who is standing in the middle of the photo, has been buying and selling "pagnes" (highly decorative and colourful pieces of fabric), both the "wax" and "real" varieties, in this Jiguisseme women's group for more than 12 years and is in great demand from her customers. With her loan she is planning to buy 20 pieces of "pagne" fabric (both "wax" and"real") at a wholesale price at Sikasso's Grand Market. She resells in Kaboïla, on a door-to-door basis, as well as within her family, to a customer base made up of men and women, for cash.

She is expecting to make an average monthly profit of 35,500FCFA, part of which will be used to repay her loan and the interest on it, while the rest will be saved. Her ambition is to increase her turnover in order to satisfy customer demand more readily.

In this group: Alimata , Abi , Mariam , Minata , Abi

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Translated from French by Kiva volunteer Alison Le Bras



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