The got acquainted through bonds of kinship, neighborhood and friendship. They sell food products, soaps, clothing and juices, and are seeking their third solidarity loan (group loan).
Mamou is the woman in the center of the standing row. She intends to buy two kilograms of meat, about ten loafs of bread, and half a liter of oil, to make sandwiches that she sells near Fouta High School, mostly to students and to other people.
She foresees turning an average monthly profit of XOF 20'000 (ca US$ 40) to be used in part to provide for her family, and in part to reinvest in her business.
Les femmes du groupe Sindjiya sont à leur troisième prêt solidaire.
La cliente MAMOU, au milieu dans le rang des débout, compte acheter deux kilogramme de viande, une dizaine de miche de pain, un demi-litre d’huile pour la préparation du Sandwich qu’elle vend à proximité du lycée FOUTA essentiellement aux élèves et à diverse autres personnes.
Elle envisage réaliser un bénéfice moyen mensuel de 20 000FCFA qui sera utilisé pour les besoins de la famille et une partie est réinvestie dans l’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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Success!! The loan was 100% repaid