The women sell jewelry, condiments and cakes. They are on their sixth group loan. Group member Rokia K. plans to buy jewelry (earrings, necklaces) from the sellers in the town of Dioïla. She sells her goods every day in the local town for cash and on credit, to customers who are mostly women but sometimes men too. Rokia expects to make an average monthly profit of 30,000 CFA francs which will be used to pay the loan installments, pay for contributions to social ceremonies and the rest will be reinvested in her jewelry business.
Elles se sont connues à travers des liens de parenté, de voisinage et d’amitié. Elles font le commerce des parures, des condiments et des gâteaux.
Les femmes du groupe Tiessiri sont à leur sixième prêt solidaire. La cliente ROKIA K. compte acheter des bijoux (boucles d’oreilles, colliers) avec les revendeurs de la ville de Dioïla. Elle effectue ses ventes quotidiennement sur place dans la ville au comptant et à crédit, à une clientèle composée essentiellement de femmes et quelque fois des hommes aussi.
Elle envisage réaliser un bénéfice moyen mensuel de 30 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 de bijoux.
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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