Group members are retail traders of all types of milk (curdled milk, fresh milk, yogurt and cream). To increase their working capital, the group joined Soro Yiriwaso and are on their sixth loan cycle.
Mrs. Maman (the second woman standing from right to left in the picture) is a large seller of all types of milk (sour milk, fresh cream and yogurt) in the village of M'Pebougou and its surrounding area.
She plans to use her loan to buy 250 liters of milk from local farmers. Resale is made for cash and on credit, at home and as an itinerant vendor throughout Markala neighborhoods, to a clientèle composed of men, women and children.
Mrs. Maman expects this loan will enable her to achieve an average monthly profit of 30,000 FCFA, to be reinvested in the business and to provide schooling for her children.
Les membres du groupe font le petit commerce de toutes les qualités de lait ((lait caillé, lait frais, yaourt et crème).
Dans le but d’augmenter leurs fonds de commerce, les membres du groupe ont adhéré à Soro Yiriwaso et sont à leur 6ème cycle de prêt solidaire.
Madame Maman (2ère femme en position debout sur la photo de la droite vers la gauche) est une grande vendeuse de lait de toutes les qualités (lait caillé, frais, crème et yaourt) dans le village de M’Pêbougou et ses environnants. Elle compte utiliser son prêt pour acheter 250 litres de lait avec les éleveurs de la localité. La revente se fait au comptant et à crédit à domicile et en ambulant dans les quartiers de Markala à une clientèle composée d’hommes, d’enfants et de femmes. Madame Maman compte réaliser avec ce prêt un bénéfice mensuel moyen de 30 000 FCFA qui sera utilisé, pour être réinvesti dans l’activité et assurer la scolarisation des enfants.
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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