Fasso Kanou Group
Djènèbou (the second woman on the right in the photo) sells all sorts of condiments. She hopes to use her loan to buy 200 kilograms of onions, two sacs of iodized salt and a carton of cans of tomato paste. She makes her sales from her home and in the Bagadadji market, in cash and credit, to customers who are mostly women.
With this loan, Djènèbou hopes to make an average monthly profit of 50,000 francs CFA, which will be used to reinvest in the business and to support some of her household needs.
Djènèbou (femme en 2ème position sur la photo de la droite vers la gauche) est une grande vendeuse de condiments de toutes sortes. Elle compte utiliser son prêt pour acheter 200kg d’oignon, 2 sacs de sels iodés et un carton de boites de concentrées de tomates. Elle effectue ses ventes en détail au comptant et à crédit à une clientèle composée majoritairement de femmes, à domicile, en ambulant et au marché de Bagadadji. Avec ce prêt, Djènèbou espère réaliser un bénéfice mensuel moyen de 50 000 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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Success!! The loan was 100% repaid