They met through ties of family, neighbors, and friendship. They do business selling condiments, vegetables, tubers, and prepared food.
The women of the Benkadi group are on their third group loan and their two previous loans have been repaid in full.
The customer Sata, the second person on the left in the row of standing group members, counts on buying 5 kg of onions, 2kg of salt, and a box of tomato paste each week, which she will sell to customers in the village.
She envisages making an average monthly profit of 12,500XOF which she will use for her family's needs, reinvesting a part into her condiment selling business.
Elles se sont connues à travers des liens de parenté, de voisinage et d’amitié. Elles font le commerce de condiments, de légumes, de tubercules et font la restauration.
Les femmes du groupe Benkadi sont à leur troisième prêt solidaire et les deux précédents ont été correctement remboursés
La cliente SATA, deuxième personne à partir de la gauche dans le rang des debout, compte acheter chaque semaine 5 kg d’oignon, 2kg de sel, une boite de tomate concentrée qui seront vendus aux clients du village.
Elle envisage réaliser un bénéfice moyen mensuel de 12 500FCFA qui sera utilisé pour les besoins de la famille et une partie est réinvestie dans l’activité de commerce de condiments.
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