With a view to consolidating their small businesses, the group members decided to join Soro Yiriwaso and are on their first group loan clycle.
Marietou (standing second from the right in the photo) is a significant seller of all sorts of utensils. She is planning to use her loan to buy a dozen cups and ice-boxes at an affordable price from her supplier in Bobo-Dioulasso. She resells for cash and on credit in the town of Ségou to a customer base made up of men and women. Marietou expects to make an average monthly profit of 17,000 FCFA, which will be invested in her business. Her aim is to keep her business going in the long term in partnership with Soro Yiriwaso.
Dans le but de consolider leur petit commerce, les membres du groupe ont décidé de collaborer avec Soro Yiriwaso et sont à leur 1er cycle de prêt solidaire.
Madame Marietou (2ème femme debout de la droite vers la gauche dans la photo) est une grande vendeuse d’ustensiles de toutes sortes. Elle compte utiliser son prêt pour acheter une douzaine de tasse et des glacières à prix abordable chez son fournisseur à Bobo-Dioulasso. La revente se fait au comptant et à crédit dans la ville de Ségou à une clientèle composée d’hommes et de femmes. Madame Marietou compte réaliser un bénéfice mensuel moyen de 17.000 FCFA, qui sera investi dans l’activité. Son objectif est de pérenniser son activité dans le partenariat avec Soro Yiriwaso.
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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