Belle Dame Group
This client, AÏCHA, the second person from the right in the photo, intends to purchase some percale fabrics from the retailers of Nangola. She knits them to make bed sheets and 'califourchons' for sale locally in the village.
She envisions making an average monthly profit of 5,000 francs CFA that will be used to meet family needs. Part of the profits will be reinvested in the clothing business.
Elles se sont connues à travers des liens de parenté, de voisinage et d’amitié. Elles font le commerce d’habits, de condiments, et de céréales.
Les femmes du groupe sont à leur troisième prêt solidaire.
La cliente AÏCHA, deuxième personne à partir de la droite, compte acheter des tissus percales avec les revendeurs de Nangola, qu’elle tricote pour en faire des draps et des califourchon, destinés à la vente sur place dans le village.
Elle envisage réaliser un bénéfice moyen mensuel de 5 000FCFA qui sera utilisé pour ses besoins de la famille et une partie est réinvestie dans l’activité de commerce d’habits.
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