They prepare and sell meals and sell fruits and vegetables, clothing, rice, and food condiments.
With the goal of expanding their business, the group members joined Soro Yiriwaso and are on their fifth solidarity (group) loan cycle.
Ms. Rokia, third from the left in the photo, intends to use her loan to prepare and sell meals. For this, she intends to buy 10 chickens and two 100-kg bags of rice. She gets her supplies locally in Sikasso from wholesalers, and makes her sales at her restaurant to a clientele composed of men and women. With this loan, Ms. Rokia intends to realize an average monthly profit of 30,000 FCFA, which will be used to reinvest in her business and take care of certain household expenses.
Elles font de la restauration, de la vente de fruits et légumes, des habits, du riz et des condiments alimentaires.
Dans le but d’augmenter leurs fonds de commerce, les membres du groupe ont intégré Soro Yiriwaso et sont à leur 5ème cycle de prêt solidaire.
Madame ROKIA, en troisième position à partir de la gauche, compte utiliser son prêt pour faire la restauration. Pour cela elle compte acheter, 10 poulets et 2 sacs de 100 kg de riz. Elle s’approvisionne sur place à Sikasso, auprès des grossistes et effectue ses ventes dans son restaurant, à une clientèle composée d’hommes et de femmes. Madame ROKIA compte réaliser avec ce prêt un bénéfice mensuel moyen de 30.000 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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