They work with the micro-finance institution Soro Yiriwaso so as to satisfy the needs of their clientele; they are on their first loan and are hoping to maintain this relationship.
They sell firewood, cooking oil, prepaid telephone cards, fabrics, and shoes. With this first loan they hope to buy 1 truckload of firewood, 4 jerrycans of 20 liters of cooking oil, 10 phone cards at 2000 F CFA, 30 cards at 1000 F CFA, 5 bolts of cloth for men, and 3 dozen shoes. They do their buying in the marketplace of Sikasso and the surrounding villages and make their sales in the various markets such as the one at Sanoubougou, in the neighborhoods of the town of Sikasso, and out of their homes, for cash, to a clientele composed of men and women, and often for credit.
They each expect to make an average monthly profit of 22,500 F CFA of which part will be saved or used for family expenses with the remainder invested back into their businesses. They are looking forward to receiving higher amounts in future so that they can satisfy their clientele appropriately and be able to open up a sales point.
Elles collaborent avec l’institution de microfinance Soro Yiriwaso afin de satisfaire le besoin de leur clientèle et sont à leur premier prêt et espèrent maintenir cette relation.
Elles font la vente du bois de chauffe, d’huile alimentaire, de cartes de crédits téléphoniques prépayées, des tissus et des chaussures.
Avec ce premier prêt, elles comptent acheter, 1chargement de camionnette en bois de chauffe, 4 bidons de 20 litres d’huile alimentaire, 10cartes de crédits de 2000FCFA, 30 cartes de crédits de 1000FCFA, 5 rouleaux de tissus pour homme et 3 douzaines de chaussures. Elles s’approvisionnent au marché de Sikasso ville et les villages avoisinants et effectuent leurs ventes dans les différents marchés tel celui de Sanoubougou, dans les quartiers de la ville de Sikasso et à domicile, au comptant à une clientèle composée d’hommes et de femmes, mais souvent à crédit.
Elles envisagent réaliser chacune un bénéfice mensuel moyen de 22.500FCFA dont une partie sera utilisée pour l’épargne et les besoins de la famille; l’autre partie sera réinvestie dans les activités.
Elles espèrent sur des prêts plus élevés pour mieux satisfaire leurs clientèles et pouvoir aménager un point de vente.
Important InformationSoro Yiriwaso is a microfinance institution that works primarily in rural and semi-urban areas of Mali to provide underprivileged communities with access to financial services.The organization facilitates access for disadvantaged clients, particularly women, to new resources and services, fostering solidarity and cooperation among its clients. Kiva lenders’ funds will enable Soro Yiriwaso to expand its outreach and target even more underserved Malians involved in business and agriculture.
This is a Group Loan
In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.
Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.
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