They met through relations of kinship, neighborhood, and friendship. They are in the retailing business for miscellaneous items.
This is the second group loan for the women of the Deme group; they will use it to purchase sesame, root vegetables, wheat flour, and cattle. ASSITAN C. is planning on purchasing bags of sesame seeds from local dealers. She sells at the village, and accepts immediate or deferred payment; her customer base comprises both men and women.
She is expecting to make an average monthly profit of FCFA20,000 which she will use to pay back her loan, pay her contributions to social ceremonies, with the remainder to be reinvested in her commercial activity.
Elles se sont connues à travers des liens de parenté, de voisinage et d’amitié. Elles font le commerce d’articles divers.
Les femmes du groupe Deme sont à leur deuxième prêt solidaire qui sera utilisé pour acheter du sésame, des tubercules, de la farine de blé et du bétail
ASSITAN C. compte acheter des sacs de sésame avec les revendeurs de la place. Elle effectue ses ventes au village, au comptant et à crédit, à une clientèle composée d’hommes et de femmes.
Elle envisage réaliser un bénéfice moyen mensuel de 20 000F CFA qui sera utilisé pour payer les échéances du prêt, payer les contributions des cérémonies sociales et le reste sera réinvesti dans son activité de commerce.
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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