They know each other through family ties and are in the business of selling livestock, soap, peanuts and various other items.
The women of the Danaya group are on their first joint loan which will be used to buy livestock, Kabakourouni soap (a locally made soap), peanuts and numerous other items.
Awa C. of the Danaya group plans to use her loan to buy livestock and to resell it.
She usually gets her supplies of livestock locally and makes her sales in the village of Sompiya, for cash, to a clientele of men and women.
She plans to make an average monthly profit of 10,000 FCFA which will be used to meet daily family expenses and the rest will be reinvested in her business.
Elles se sont connues à travers des liens de parenté et font le commerce de bétail, de savon, d’arachide et d’articles divers.
Ces femmes du groupe Danaya sont à leur premier prêt solidaire qui sera utilisé pour acheter du bétail, du savon kabakourouni et de l’arachide et beaucoup d’articles divers.
AWA C. du groupe Danaya compte utiliser son prêt pour acheter, du bétail pour le revendre.
Elle s’approvisionne en bétail le plus généralement sur place et effectue sa vente sur place, dans le village de Sompiya, au comptant, à une clientèle composée de femmes et d’hommes.
Elle compte réaliser un bénéfice moyen mensuel de 10 000FCFA qui sera utilisé dans les dépenses quotidiennes de la famille et le reste sera réinvesti dans les activités de commerce.
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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