The know each other through family ties and are involved in the business of selling charcoal, firewood and telephone cards.
The women of the Dembagnouma group are on their eighth group loan and FRANCOISE T. plans to use her loan to buy rechargeable telephone cards on a regular basis from the wholesalers in her area. She makes her sales daily from her home for cash and on credit, to a clientele of men and women.
She hopes to make a monthly profit of 40,000 CFA which will be used to repay the loan, cover health related expenses, and pay for food and school expenses, with the rest being reinvested in her business.
Elles se sont connues à travers des liens de parenté et font le commerce de charbon de bois, de bois de chauffe et la vente des cartes de crédit téléphonique.
Les femmes du groupe Dembagnouma sont à leur huitième prêt solidaire et FRANCOISE T., compte utiliser son prêt pour acheter des cartes de crédit de recharge téléphonique, régulièrement avec les grossistes de la place. Elle effectue sa vente quotidiennement à son domicile au comptant et à crédit, à une clientèle composée de femmes et d’hommes passagers.
Elle espère réaliser un bénéfice moyen mensuel de 40 000F CFA qui sera utilisé pour payer le prêt, prendre en charge les dépenses relatives à la santé, à la nourriture, aux frais scolaires et le reste sera réinvesti 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