The members of the group have been involved in small retail activities for several years and their products are in high demand. Eager to meet the increasing needs of their customers, they have decided to join the loan program offered by Soro Yiriwaso. This is their first solidarity loan.
Kadiatou, the group's leader, is quite well-known in Ouelessebougou. She excels in the sale of condiments. She will use her loan to buy one bag of groundnut paste, one bag of onions and one package of pepper. She buys her goods from local wholesalers or in Bamako. She resells her products in Ouelessebougou, for cash or on credit, to a retail customer base consisting of men and women.
Kadiatou hopes to make a monthly profit of 30,000 CFA francs, which will help her to repay her loan and to reinvest in her business.
Elles sont dans le petit commerce depuis plusieurs années et sont très sollicitées dans leurs activités.
Dans le souci de satisfaire le besoin croissant de leur clientèle, les membres du groupe décident d’intégrer le programme crédit de Soro Yiriwaso. Elles sont à leur premier prêt solidaire.
KADIATOU, qui est la présidente du groupe et très connue à OUELESSEBOUGOU, excelle dans la vente de condiment alimentaire. Elle compte utiliser son prêt pour acheter, 1 sac de pâte d’arachide, 1 sac d’oignons et un colis de poivres. Elle s’approvisionne à Bamako et sur place auprès des grossistes et vend ses produits à OUELESSEBOUGOU, en détail, au comptant et à crédit, à une clientèle composée d’hommes et de femmes.
Elle espère sur un bénéfice mensuel de 30.000FCFA somme qui lui permettra de rembourser le prêt et de réinvestir dans son activité.
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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