This group of women does commerce in pagnes (colorful West African cloth) in the case of KARI, who intends to use her loan to buy 100 lengths of Wax pagnes. She gets her supplies at the main market of Medine. Accepting cash, she makes her sales at the BOUGOULA HAMEAU market and at the house. Her customer base is composed of women and men.
KARI plans on making an average monthly profit of 120,000 francs CFA that will be used for day-to-day family expenses and for reinvesting in the business. Her ambition is to increase her turnover, so as to satisfy her customers further.
Elles sont à leur cinquième collaboration avec l’institution de microfinance Soro Yiriwaso afin de satisfaire le besoin de leur clientèle, les prêts passés ont été remboursé dans de bonne condition. Ce groupe de femmes fait le commerce de tissus et de pagnes avec KARI, qui compte acheter avec son prêt, 100 pagnes wax. Elle s’approvisionne au grand marché de MEDINE et effectue sa vente au marché de BOUGOULA HAMEAU et en famille à une clientèle composée d’hommes et de femmes, au comptant.
Elle compte réaliser un bénéfice mensuel moyen de 120.000FCFA, qu’elle utilisera pour les dépenses quotidiennes de la famille et réinvestir dans les affaires.
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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Success!! The loan was 100% repaid