They are on their first joint loan with the microfinance institution SoroYiriwaso. Their goal is to be able to manage a business. These women are in the business of selling firewood, condiments, fabric, fish and peanut butter, as does S. T..
S. T. plans to buy 30 kg of smoked fish and five sacks of peanuts with her loan. She gets her supplies at the main market in Niena and from producers in neighboring villages.
The fish and the peanut butter are resold at the market in Nougoume and within the family to a clientele composed of men and women, for cash at retail.
She foresees making an average monthly profit of 50,000 FCFA which will be used to help cover daily family expenses. Her ambition is to increase her turnover in order to meet the demands of her clients.
Elles sont à leur première collaboration avec l’institution de microfinance Soro Yiriwaso dans le but de pouvoir mener les activités de commerce. Ce groupe de femmes fait le commerce de bois de chauffe, de condiments, de tissus et des poissons et de la pâte d’arachide à l’image de S. T..
S. T. compte acheter avec son prêt, 30 kg de poissons fumés et 5 sacs d’arachide. Elle s’approvisionne au grand marché de NIENA et dans les villages environnants auprès des producteurs.
Le poisson et la pâte d’arachide sont revendus au marché de NOUGOUME et en famille à une clientèle composée d’hommes et de femmes, au comptant et en détail.
Elle envisage réaliser un bénéfice mensuel moyen de 50 000FCFA qu’elle compte utiliser pour contribuer aux dépenses quotidiennes de la famille.
Elle ambitionne d’augmenter son chiffre d’affaire pour mieux satisfaire sa clientèle.
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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