In order to increase their working capital, the group members partnered with Soro Yiriwaso and are in their twelfth group loan cycle. Madam Mariam (the first woman in the front from the right on the left of the photo) is one of the group's juice makers and sellers. She intends to use her loan to buy one bag of sugar, 20 kilos of ginger-root, two packets of flavoring, and one packet of spice. She buys her supplies locally from wholesellers, and after making her gingerjuice, performs her retail sales for cash or credit, in the streets and in the market, to a clientele made up of men and women. Madam Marian hopes to make an average monthly profit of 40,000 FCFA which she will use to reinvest in her business and care for her household needs.
Dans le but d’augmenter leurs fonds de commerce, les membres du groupe ont intégré Soro Yiriwaso et sont à leur 12ème cycle de prêt solidaire.
Madame Mariam (première femme debout de la droite vers la gauche sur la photo) est l’une des transformatrices et vendeuses des jus de fruits du groupe. Elle compte utiliser son prêt pour acheter, 1 sac de sucre, 20 kilos de gingembre, 2 paquets d’arômes et 1 paquet de sachet. Elle s’approvisionne sur place auprès des grossistes et effectue ses ventes, après préparation de ses jus de gingembre mis en sachet et bidons, en détail, au comptant et à crédit, à domicile, en ambulant et au marché, à une clientèle composée d’hommes et de femmes. Madame Mariam compte réaliser avec ce prêt un bénéfice mensuel moyen de 40.000 FCFA qui sera utilisé, pour être réinvesti dans l’activité et prendre en charge certains 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