Kadiatou (the woman standing in the middle of the photo) has a good reputation for selling quality chicken eggs in her neighborhood and in the Medine Segou market. She plans to use her loan to buy 33 trays of eggs from Segou chicken farmers. She will resell [the eggs] for cash and credit to a mixed group of customers. With this loan, Kadiatou hopes to earn an average monthly profit of 30,000 francs CFA, which will be used to reinvest in her business and to ensure the care of her children.
Madame, Kadiatou (femme debout au milieu sur la photo) a une grande réputation dans la vente des œufs de poules de qualité dans son quartier et dans le marché Médine Ségou. Elle compte utiliser son prêt pour acheter 33 alvéoles d’œufs avec les éleveurs de Ségou. La revente se fait au comptant et à crédit à une clientèle mixte. Avec ce prêt, Madame Kadiatou espère réaliser un bénéfice mensuel moyen de 30 000 FCFA qui sera utilisé pour être réinvesti dans l’activité et assurer l’entretien des enfants.
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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