Korotoumou, the featured borrower, has been preparing meals for about seven years. In the photo, she is standing in the middle of the group. She is well-known in her field and receives many orders.
She buys her supplies (grains and condiments) in the town of Kadiolo and also often stocks up in the surrounding villages. She owns a very small restaurant in the town of Kadiolo and serves meals to both men and women. She sells her meals for cash and on a retail basis in her small restaurant and also from home.
She is expecting to make an average monthly profit of 45,000 CFA francs, part of which will be used to repay her loan and the interest while the rest will be saved.
Elles sont à leur onzième prêt avec l’institution de micro finance Soro Yiriwaso et tous les prêts précédents ont été correctement remboursés.
KOROTOUMOU en position debout et au milieu sur la photo, fait la restauration il ya environ 7 ans, sa renommée en la matière fait d’elle une restauratrice très sollicitée.
Elle s’approvisionne en matière première (céréales et condiments) à Kadiolo ville et souvent dans les villages avoisinants. Elle détient une gargote à Kadiolo ville. Sa clientèle se compose d’hommes et de femmes. Elle vend ses plats alimentaires en détail et au comptant dans sa gargote et à domicile.
Elle envisage réaliser un bénéfice mensuel moyen de 45 000 francs CFA dont une partie est utilisée pour payer le prêt et son interêt et l’autre pour son épargne .
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