They met through family, neighbourhood, and friendship ties. They sell calabashes, condiments, clothes, and fish.
The women in the Konotieyelen group are on their fifteenth loan.
Mariam, who is first on the right in the row of women who are sitting, plans to buy five baskets of calabashes from the salesmen in Tona to then sell to customers in Fana and Bamako.
She hopes to make an average monthly profit of 40 000FCFA which she will use partly for her family's needs and partly to reinvest in her calabash business.
Elles se sont connues à travers des liens de parenté, de voisinage et d’amitié. Elles font le commerce de calebasses, des condiments, des habits et du poisson.
Les femmes du groupe Konotieyelen sont à leur quinzième prêt solidaire.
MARIAM, première personne à partir de la droite dans le rang des assises, compte acheter cinq paniers de calebasses avec les revendeurs de Tona pour ensuite vendre aux clients de Fana et Bamako.
Elle envisage réaliser un bénéfice moyen mensuel de 40 000FCFA qui sera utilisé pour les besoins de la famille et une partie est réinvestie dans l’activité de commerce de calebasses.
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