With the aim of increasing their working capital, the members of this group decided to join Soro Yiriwaso and this is their third group loan. Madame Dado (the lady who is standing on the far right of the photo) sells different types of fodder (bales of cowpeas, groundnuts and bourgou grass) in Darsalam. She plans to use her loan to buy 750 bales of cowpeas from farmers in neighboring villages. She will resell her goods for cash and on credit. She will sell from home and also at the roadside in Ségou. She sells to a largely male customer base. Madame Dado plans to make an average monthly profit of 25,000 FCFA with this loan. She will re-invest this money in her business and also cover her household needs as regards her children's schooling and healthcare. In common with the other women in her group, Madame Dado's plan is to buy a plot of land on which to build a house through this partnership with Soro Yiriwaso.
Dans le but d’augmenter leurs fonds de commerce, les membres du groupe ont connu adhéré à Soro Yiriwaso et sont à leur 3ème cycle de prêt solidaire.
Madame Dado (1ère femme en position debout sur la photo de la droite vers la gauche) est une grande vendeuse de fourrage de toutes les qualités (bottes de niébé, d’arachide et de bourgou) à Darsalam Elle compte utiliser son prêt pour acheter, 750 bottes de niébé avec les paysans des villages environnants de Ségou. La revente se fait au comptant et à crédit à domicile et au bord du goudron de Ségou à une clientèle composée majoritairement d’hommes. Madame Dado compte réaliser avec ce prêt un bénéfice mensuel moyen de 25 000 FCFA qui sera utilisé, pour être réinvesti dans l’activité et assurer les besoins du foyer en soin de santé et de scolarisation des enfants. A l’image des autres femmes du groupe, elle a pour objectif d’acheter un lot à usage d’habitation dans ce partenariat avec Soro Yiriwaso.
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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