Eager to satisfy the needs of their customers, they are taking their sixth loan with the microfinance institution Soro Yiriwaso.
Mariam, one of the group members, prepares and sells meals. In the photo, she is in the standing row, second from the left.
With her loan, she is planning to buy two bags of "atiéké" (a dish made made from fermented cassava pulp) to be prepared and one box of fresh fish to be fried. She sells her meals to a retail group of customers, from her home and at the market of Sanoubougou II to a varied clientele.
She is expecting average monthly profits to reach 30,000 CFA francs, part of which will be used to repay her loan and the interest, while the rest will be saved.
Elles sont à leur 6ème prêt avec l’institution de microfinance Soro Yiriwaso dans le souci de satisfaire le besoin de leur clientèle.
Mme Mariam fait la restauration dans ce groupe de femmes. Elle se tient debout en 2 ème position de la gauche vers la droite.
Elle compte acheter avec son prêt 2 sacs d’atiécké(semoule à base de manioc) qui sera préparée et 1 carton de poisson frais qui sera frit. Cet atiécké préparé accompagné de poisson frit constitue des plats alimentaires qui seront vendus à la maison et au marché de Sanoubougou II, en détail, au comptant et à crédit à une clientèle diverse et variée.
Elle envisage réaliser un bénéfice mensuel moyen de 30.000FCFA dont une partie est utilisée pour payer le prêt et son intérêt et l’autre pour son épargne .
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