They are known across the lines of neighborhood, friendship, and trade. To reinforce their financial capacity in order to better their business, they joined the microfinance institution Soro Yiriwaso and this will be their first loan. The group of women is in the business of selling clothing and second-hand clothing. She will buy the used clothing to be purchased with this loan, one package of clothing from the wholesalers in Bamako. She makes sales at the market and at home in cash and credit to a clientele made of men and women. She expects to make an average of 15.000FCFA which will be invested in the business activities and payback the loan.
Elles se sont connues à travers des liens de voisinage, d’amitié et de commerce. Pour renforcer leur capacité financière afin de mieux faire leur commerce, elles adhèrent à l’institution de microfinance Soro Yiriwaso avec laquelle elles sont à leur premier prêt. Ce groupe de femmes fait le commerce des habits et de friperie.
HABY, qui est la présidente du groupe est la première femme de la droite vers la gauche. Elle fait l’achat vente de friperie et compte acheter avec son prêt, 1 colis de friperies avec les grossistes de Bamako. Elle effectue ses ventes au marché et à domicile, en détail au comptant et à crédit à une clientèle composée d’hommes et de femmes.
Elle envisage réaliser un bénéfice mensuel moyen de 15.000FCFA qui sera investi dans les activités et rembourser le prêt.
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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