Funded

Total loan: $1,225
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Djiguiya Group

Mali
Bougouni, Mali / Cereals

A loan of $1,225 helped a member to buy grains.


Djiguiya Group's story

The members of the Djiguiya group are all married women who are, on average, 38 years old and have three children each. Most of them live in nuclear families, in the Massablacoura neighborhood of the city of Bougouni.

They are friends, neighbors, or have come to know each other through their commercial activities. In order to boost their financial capacity and to improve their businesses, they have joined the microfinance institution Soro Yiriwaso and are on their thirteenth loan. They sell grains and clothes.

Fatoumata, who is sitting and holding a paper, buys and sells grains (millet, maize, groundnut, fonio, sorghum etc.)

With her loan, she intends to buy 400 kg of fonio from stallholders in Bougouni. She sells at the market and from home, for cash and on credit, to a retail customer base consisting of men and women.

She is expecting average monthly profits to reach 40,000 CFA francs, which will be reinvested in her business, used to cover healthcare costs and to repay her loan.

In this group: Djeneba , Aminata , Setou , Fatoumata
*not pictured

Translator profile picture

Translated from French by Kiva volunteer Sophie Narayan



Loan details

Loan length:

8 months
Disbursed date: January 21, 2013
Facilitated by Field Partner: Soro Yiriwaso, a partner of Save the Children

Lenders and lending teams



Loan details

Loan length:

8 months
Disbursed date: January 21, 2013
Facilitated by Field Partner: Soro Yiriwaso, a partner of Save the Children