The members of the group are seeking their eighth loan from Kiva's partner, the MFI Soro Yiriwaso, in order to meet customer demand.
Mahawa, the first woman on the left in the photograph, has been selling firewood for approximately three years. She intends to bolster her business in order to meet customer demand.
She intends to use her loan to buy three donkey cartloads of firewood. She gets her supplies in the villages surrounding Sikasso. She resells for cash, at her home, to a clientele comprising both men and women.
She foresees turning an average monthly profit of XOF 22'500 (ca US$ 45), to be used in part to repay the loan and its interests, and in part to be put away.
She ambitions to increase her revenue to better meet customer demand.
Elles sont à leur huitième prêt avec l’institution de microfinance Soro Yiriwaso afin de satisfaire le besoin de leur clientèle.
MAHAWA, la première à gauche, fait le commerce de fagot, il y’a environ 3 ans et compte augmenter son capital commerce afin de satisfaire à la demande de sa clientèle.
Elle compte acheter avec son prêt trois chargements de charrettes d’âne en fagot ( bois de chauffe) .Elle s’approvisionne dans les villages environnants de Sikasso. Elle les revend en famille à une clientèle composée d’hommes et de femmes, au comptant.
Elle envisage réaliser un bénéfice mensuel moyen de 22.500FCFA dont une partie est utilisée pour payer le prêt et son intérêt et l’autre pour son épargne.
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