Soro Yiriwa Group
This group of women buy and sell fruits and vegetables, pagnes wax (wax dyed decorative cloth) and various other women's articles. Mariam S. plans to buy 50 pieces of pagnes wax. She buys supplies from the major market in Bamako and sells her products in the large market is Sikasso in both bulk or as individual items, for cash or credit to a clientele made up of both men and women.
She plans to earn a monthly profit of 75,000 Francs CFA and a part will be used to help support her husband meet the daily expenses and part to be reinvested back into her business.
Elles sont à leur septième collaboration avec l’institution de microfinance Soro Yiriwaso.
Ce groupe de femmes fait l’achat vente de fruits et légumes, de pagnes wax avec Mariam S. et divers autres articles pour femmes .
MARIAM S. compte acheter avec son prêt 50 pagnes wax. Elle s’approvisionne au grand marché de Bamako et effectue sa vente au grand marché de Sikasso et en famille, en détail, au comptant et à crédit à une clientèle composée d’hommes et de femmes.
Elle envisage réaliser un bénéfice mensuel moyen de 75.000 FCFA dont une partie sera utilisée pour l’appui de son mari dans les dépenses quotidiennes et l’autre partie sera investie 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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