Funded

Total loan: $800
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Djiguissémè Group

Mali
Ségou, Mali / Retail

A loan of $800 helped a member purchase of rice and firewood for re-sale.


Djiguissémè Group's story

The members of this Djiguissémè group have an average age of 27 and on average 3 children. They are all married and live in polygamous families in the village of Zogofina, prefecture of Ségou (fourth administrative region of the Republic of Mali). The members of the group know each other because they are neighbors in the village or are related to each other by marriage. They learned of Soro Yiriwaso from the women of Zogofina Wêrê who are in the same businesses as they are and have been in the system for several years. Fascinated by the process of loan reimbursement, they managed to join the loan program 3 years ago. They are currently on their 5th loan, after having reimbursed the preceding ones correctly.

This loan will be used to buy 7 sacks of rice and 38 wagon loads of firewood. They buy their rice at the weekly fair at the big open-air market of Ségou and their firewood in Songnebougou and Bounoubougoula. The rice is sold in the marketplace in Médine and out of their homes in the village, whereas the firewood is sold door-to-door around Ségou for cash, retail, and on credit to a clientele composed mainly of women.

They expect to make an average monthly profit of 32,500 F CFA which will be used to reimburse the loan, pay for food and kerosene and for their children's school fees.

In this group: Dicko , Mariama , Seydatou , Aminata
*not pictured

Translator profile picture

Translated from French by Kiva volunteer Teresa Kramer



Loan details

Loan length:

8 months
Disbursed date: January 21, 2009
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, 2009
Facilitated by Field Partner: Soro Yiriwaso, a partner of Save the Children