They work in small trade selling condiments, shoes, fabrics and smoked fish.
To bolster their working capital, they joined the Soro Yiriwaso microfinance institution and have now entered their 15th group loan cycle.
Mrs. Alima (standing on the right in the photo) is the group member that sells condiments. She will use her loan to buy five cartons of tomato concentrate (small/medium and large cans) and six baskets of fresh vegetables. She buys her stock from farmers and wholesalers, and she conducts her sales at retail from her home and at the market, for cash or credit, to a clientele consisting mostly of women.
Mrs. Alima expects to earn an average monthly profit of 25,000 FCFA, which she will use to invest in her activity and to help her husband with some of the household expenses.
Les membres du groupe font le petit commerce, de condiments, chaussures, de tissus et du poisson fumé.
Dans le but d’augmenter leurs fonds de commerce, les membres du groupe ont intégrés Soro Yiriwaso et sont à leur 15ème cycle de prêt solidaire.
Madame Alima (debout à droite sur la photo) est la vendeuse de condiments du groupe. Elle compte utiliser son prêt pour acheter, 5 cartons de tomates concentrées (petite-moyenne et grosse boites) et 6 paniers de légumes frais.
Elle s’approvisionne auprès des paysans producteurs et des grossistes et effectue ses ventes en détail, au comptant et à crédit, à domicile et au marché, à une clientèle composée essentiellement de femmes.
Madame Alima compte réaliser avec ce prêt un bénéfice mensuel moyen de 25.000 FCFA qui sera utilisé, pour être réinvesti dans l’activité et aider son mari dans certaines dépenses familiales.
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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