Doni -Doni Group
With the goal of increasing their business, the members of the group joined Soro Yiriwaso and are on their third group loan. The two previous loans were repaid without any difficulty. Madam Alimata (the second standing woman from right to left on the photo) is a great caterer in the village of Sienso and its surroundings.
She plans to use her loan to buy 2 bags of mil [African cereal] and a parcel of food condiments at the fair in San. After preparing her dishes, she sells them retail for cash and credit to a clientèle consisting of men and women. With this loan, Madam Alimata hopes to make an average monthly profit of 15,000 FCFA which will be used to reinvest in her business and to take care of the needs of her home.
Dans le but d’augmenter leurs fonds de commerce, les membres du groupe ont intégré Soro Yiriwaso et sont à leur 3 eme prêt solidaire. Les deux prêts précédents ont été remboursés sans aucune difficulté.
Madame, Alimata (2ème femme debout de la droite vers la gauche sur la photo) est une grande restauratrice dans le village de Sienso et ses environnants.
Elle compte utiliser son prêt pour acheter, 2 sacs de mil et un colis de condiments alimentaires à la foire de San. Après préparation de ses plats alimentaires, elle vend au comptant, en détail et à crédit à une clientèle composée d’hommes et de femmes.
Avec ce prêt, Madame Alimata espère réaliser un bénéfice mensuel moyen de 15.000 FCFA qui sera utilisé pour être réinvesti dans l’activité et prendre en charge des besoins du foyer.
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