With a view to satisfying their ever-growing and increasingly demanding customer base, the members of this group decided to join Soro Yiriwaso's loan program and are on their 12th group loan, having repaid the previous loans in full.
Kadia, (who is standing on the far right of the photo) excels in the restauration business. She is in great demand in the district of Lafiabougou and its surroundings. She is planning to use her loan to buy ten sacks of wheat flour, ten five-liter containers of oil and firewood. She sells for cash and on a retail basis to a diverse customer base.
With this loan, Kadia is hoping to make an average monthly profit of 52,000FCFA, which will be used to reinvest in her business and to help her husband in providing for the various household needs.
Dans le but de satisfaire le besoin de leurs clientèles de plus en plus nombreuses et exigeantes, les membres du groupe ont décidé d’intégrer le programme crédit de Soro Yiriwaso et sont à leur 12eme prêt solidaire, après avoir correctement remboursés les prêts précédents.
Madame, Kadia (1ere debout de la droite vers la gauche sur la photo) excelle dans la restauration. Elle est très sollicitée dans le quartier de Lafiabougou et ses environnants.
Elle compte utiliser son prêt pour acheter 10 sacs de farine de blé, 10 bidons d’huile de 5 litres et du bois de chauffe. Elle effectue ses ventes au comptant, en détail à une clientèle mixtes.
Avec ce prêt, Madame Kadia espère réaliser un bénéfice mensuel moyen
de 52000 FCFA qui sera utilisé pour être réinvesti dans l’activité et aider son conjoint dans la prise en charge des 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