Alima, the featured borrower, has been selling fabrics and jewelry for about 11 years. She is well-known in her field and receives many orders. In the photo, she is in the standing row, in the middle of the group.
She plans to buy 10 sets of wax "pagnes" (colorful West-African fabrics) and a few boxes containing jewelry. She buys her goods in Kadiolo and also often stocks up in Sikasso. She sells door to door in the town of Kadiolo and her customers are men and women. She also sells from home.
She is expecting to make an average monthly profit of 35,000 CFA francs, part of which will be used to repay her loan and the interest while the rest will be used to strengthen her savings.
Elles sont à leur cinquième prêt avec l’institution de micro finance Soro Yiriwaso et tous les prêts précédents ont été correctement remboursés.
ALIMA en position debout et au milieu sur la photo, fait le commerce de tissus et des parures il ya environ 11 ans, sa renommée en la matière fait d’elle une commerçante très sollicitée.
Elle compte acheter, 10 pièces de pagnes wax et quelques colis de parures. Elle s’approvisionne à Kadiolo ville et souvent à Sikasso. Elle fait le commerce ambulant à Kadiolo ville. Sa clientèle se composée d’hommes et de femmes. Elle vend également à domicile.
Elle compte réaliser un bénéfice mensuel moyen de 35 000 francs CFA dont une partie sera 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