Aminata (shown in the photo dressed in green, with a cabbage in hand) has a great reputation a a merchant of fruit and vegetables in the Ouolofobougou market. She plans to use her loan to buy two sacks of onions, one basket of tomatoes and one basket of cabbages. She purchases her merchandise in the town of Kati and at the market. She sells her goods at retail and for cash in the local market, to a clientele composed mostly of women.
With this loan, Aminata hopes to earn an average monthly income of 40,000 Francs CFA, part of which she will use to pay for the daily needs of her children, and the remainder of which she will use to reinvest in her business. Aminata relies very much on the partnership of Soro Yiriwaso to attain her objective of increasing the volume of her sales.
Madame Aminata (Femme assise devant habillée en vert avec un chou à la main) a une grande réputation dans la vente des fruits et légumes dans le marché de Ouolofobougou. Elle compte utiliser ce prêt pour acheter 2 sacs d’oignons, 1 panier de tomate et 1 panier de choux. Elles s’approvisionnent à Kati et au marché. La revente s’effectue en détail au marché du quartier, au comptant à une clientèle composée majoritairement de femmes. Madame Aminata compte réaliser avec ce prêt un bénéfice mensuel moyen de 40 000 FCFA, qui sera utilisé pour satisfaire les petits besoins de ses enfants et réinvestir le reste dans ses activités. Madame compte beaucoup sur le partenariat de Soro Yiriwaso pour atteinte ses objectifs d’augmentation du volume de 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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