They know each other through familial, neighbourhood, and social relations. They sell food condiments, smoked fish, milk, clothing, and various store items, and are on their ninth solidarity (group) loan, which will be used to buy these items.
Dounamba C., one of the group members, intends to buy 40 kg of smoked fish from wholesalers. She makes her sales every day at her home and at the market in Marka-Coungo, in cash and on credit, to a clientele composed of women and men.
She foresees realizing an average monthly profit of 22,500 FCFA, some of which will be used to pay the loan costs and to take care of the family's health, food, and schooling costs, with the remainder being reinvested in her business.
Elles se sont connues à travers des liens de parenté, de voisinage, et d’amitiés. Elles font le commerce de condiments alimentaires, des poissons fumés, du lait, des habillements, des articles divers de boutique et sont à leur neuvième prêt solidaire qui sera utilisé pour acheter des condiments alimentaires, des poissons fumés, du lait, des habillements et des articles divers de boutique. DOUNAMBA C. compte acheter 40kg de poissons fumés avec les grossistes. Elle effectue quotidiennement ses ventes sur place à domicile et au marché de Marka-Coungo, au comptant et à crédit, à une clientèle composée de femmes et d’hommes.
Elle envisage réaliser un bénéfice moyen mensuel de 22.500F CFA qui sera utilisé pour payer les échéances du prêt, une partie pour 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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