These women mainly buy and sell clothing, bed linens and bed spreads. After having properly repaid the four preceding loans, the women of the Benkadi group are on their fifth joint loan which will be used to buy packages of different types of clothing for men, women and children. They mostly get their supplies from wholesalers in Burkina Faso and Bamako, making their sales door to door and at market, with cash and credit, to a clientele of men and women. They each expect to earn a monthly profit of 50,000 FCFA which will be used to meet the needs of their families, and to invest the rest in their business.
Ces femmes font essentiellement l’achat et la vente des habillements des draps de lit et des couvres lits.
Après avoir correctement remboursés les 4 prêts précédents, les femmes du groupe Benkadi sont à leur 5 prêt solidaire qui sera utilisé pour acheter, des colis de plusieurs variétés d’habillements, pour adultes des deux sexes, pour enfants et des couvres lits.
Elles s’approvisionnent essentiellement à partir du Burkina Faso et Bamako auprès des grossistes et effectuent leurs ventes, à domicile, au marché, au comptant et à crédit, à une clientèle composée de femmes et d’hommes.
Elles envisagent réaliser chacune un bénéfice moyen mensuel de 50.000FCFA qui servira utilisé pour subvenir aux besoins de la familles et investir le reste dans les activités.
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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Success!! The loan was 100% repaid