Funded

Total loan: $1,025
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Djekafo Group

Mali
San, Mali / Cereals

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


Djekafo Group's story

For the most part married in nuclear families, the five women of the group Djekafo average 33 years of age and three children each. The women all live in the Médine district of San City. They know one another through ties of community, professional work, and kinship. They buy and sell beverages, clothing, grains, and many other goods.

With the goal of increasing their business capital, the group members joined the microfinance institution Soro Yiriwaso and are now on their first solidarity loan.

Ms. Kadia (the first woman standing from right to left in the photo) is specialized in selling imported and domestic rice. She is much in demand and appreciated in and around San City.

She intends to use her loan to buy 400 sacks of rice from peasant producers of the San rice fields. Accepting cash or credit, she sells retail to a customer base composed of men and women.

With this loan, Ms. Kadia hopes to make an average monthly profit of 32,000 francs CFA that will be used for reinvesting in her business and helping her spouse to cover family expenses.

In this group: Kadia , Fanta , Adam , Oumou , Fatoumata
*not pictured

Translator profile picture

Translated from French by Kiva volunteer Daniel Kuey



Loan details

Loan length:

7 months
Disbursed date: March 16, 2012
Facilitated by Field Partner: Soro Yiriwaso, a partner of Save the Children

Lenders and lending teams



Loan details

Loan length:

7 months
Disbursed date: March 16, 2012
Facilitated by Field Partner: Soro Yiriwaso, a partner of Save the Children