This group of women trade in a variety of products such as fabrics, firewood, okra and kitchen utensils etc.
In order to increase their business volume, the members decided to join Soro Yiriwaso's loan program and they are on their second group loan.
Sali is a member of the Horongna group and sells firewood. She is planning to use her loan to buy barrowloads of firewood. She gets these in the villages of Koutiala and sells them on a retail basis for cash at home to a diverse customer base. She is in great demand.
While the other members of the Horongna group expect to make an average profit of 124,290FCFA during the loan cycle, Oumo is expecting to make 120,000FCFA. As well as repaying their loans, the women use part of their income to cover personal expenses and increase their working capital.
Ce groupe de femmes fait le commerce d’articles divers tels le tissu, le bois de chauffe, le gombo et les ustensiles de cuisine, etc.
Pour augmenter la taille de leurs activités, les membres ont décidé d’intégrer le programme crédit de Soro Yiriwaso. Elles sont à leur deuxième prêt de groupe.
Sali est un membre du groupe Horongna qui vend du bois de chauffe.
Elle compte utiliser son prêt pour acheter, des chargements de bois de chauffe. Elle se procure de ces produits dans les villages de Koutiala. Elle vend ses articles en détail et au comptant à la maison à une clientèle diverse et variée elle est très sollicitée.
Tandis que les autres membres du groupe Horongna comptent réaliser un bénéfice moyen de 124 290FCFA chacune au cours de ce cycle, Sali compte réaliser 120 000FCFA.
En plus du remboursement des prêts, elles utilisent une partie du revenu pour faire face aux dépenses personnel et augmenter son fond de commerce.
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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