They are known through family, as neighbors and through friendships. They are involved in the sale of cosmetics, fabrics, tubers, perfumes, kitchen wares, and soaps.
The women of the Benkola group are on their sixth group loan.
Assan D. purchases cosmetics from the wholesalers from Burkina Faso. She resells her products in cash and credit at a market in Baroueli to a clientele made up of women and men.
She expects to earn a monthly income of 60 000 FCFA which will be used to make the payments for this loan, to pay for health care related expenses, to purchase food, and to pay for school fees. The remaining portion will be used to reinvest in her business.
Elles se sont connues à travers des liens de parenté, de voisinage et d’amitié. Elles font le commerce de produits cosmétiques, de tissus, de tubercules, des parfums, de tasses et de savons.
Les femmes du groupe Benkola sont à leur sixième prêt solidaire.
ASSAN D. s’approvisionne en produits cosmétiques avec les grossistes qui partent au Burkina Faso. Elle revend au comptant et à crédit, au marché de Barouéli à une clientèle composée de femmes et d’hommes.
Elle envisage réaliser un bénéfice moyen mensuel de 60 000F CFA qui sera utilisé pour payer les échéances du prêt, prendre en charge les dépenses relatives à la santé, à la nourriture, aux frais scolaires des enfants 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