Funded

Total loan: $1,150
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Jekafo Group

Mali
Bougouni, Mali / Clothing

A loan of $1,150 helped a member to purchase clothes.


Jekafo Group's story

Made up of six married women, the Jekafo group's average member is 37 years old and has 3 children. They live with their traditional extended families, made up of their husbands, co-spouses, brothers, and sons. They live in the Massablacoura neighborhood of Bougouni (the 3rd district of Mali.)

These women came to know each other as neighbors, and through friendship and business. In order to increase their financial capacity in order to better stock up, they have partnered with the microfinance organization Soro Yiriwaso. This will be their third loan, and the previous two have been fully repaid.

This group of women is in the clothing business, led by Fatoumata who is the president of the group and is shown seated in front of the other members in the photo. With her portion of the loan, she plans on purchasing 150 "pagnes" (traditional cloth) from wholesalers in Bamako. Fatoumata will then resell them at retail, both for cash and on credit, in the Bougouni market to a customer base made up of both men and women.

Fatoumata hopes to earn an average monthly profit of 40,000 francs CFA, which will be reinvested in her business.

In this group: Fatoumata , Fatoumata , Adiaratou , Fatoumata , Mamou , Kiatou
*not pictured

Translator profile picture

Translated from French by Kiva volunteer Stephanie Long Phillips



Loan details

Loan length:

8 months
Disbursed date: July 30, 2012
Facilitated by Field Partner: Soro Yiriwaso, a partner of Save the Children

Lenders and lending teams



Loan details

Loan length:

8 months
Disbursed date: July 30, 2012
Facilitated by Field Partner: Soro Yiriwaso, a partner of Save the Children