They sell various merchandise, condiments, and peanuts.
The women of the Laidou group have requested their first loan from Soro Yiriwaso (Kiva Field Partner).
Sata D. acquires her general store products (tea, chewing gum, cookies, cigarettes, powdered milk, sugar, etc.) from the wholesalers on a weekly basis in the market in Dioila. She sells the products from her home, completing the sale in both cash and credit. Her clientele is made up of both women and men.
She expects to earn a monthly income of 25000FCFA which will be used to repay the loan and to reinvest back into the business.
Elles font le commerce d’articles divers, de condiments alimentaires et de l’arachide.
Les femmes du groupe Laïdou sont à leur premier prêt solidaire avec Soro Yiriwaso.
SATA D. compte s’approvisionne en articles divers de boutique (thé, chewing-gum, biscuits, cigarettes, lait en poudre, sucre, etc.) auprès des grossistes presque hebdomadairement au marché de Dioïla. Elle effectue ses ventes sur place, au comptant et à crédit, à une clientèle composée de femmes et d’homme
Elle envisage réaliser un bénéfice moyen mensuel de 25 000FCFA qui sera utilisé pour payer le prêt 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