Madame Arhouna (the first woman standing from right to left) is an important seller of all sorts of condiments in Kalaban Coro. She intends to use her loan to buy various condiments such as dried fish, peppers, fresh tomatoes, onions, and 'sounbala'. She stocks up in the Grand Market and makes her sales for cash at Kalaban Coro to a clientele mostly made up of women.
With this loan, Madame Arhouna hopes to make an average monthly profit of 30,000 F CFA which will be used to reinvest in the business and cover necessary expenses for her family. Madame Arhouna's goal is to buy a plot of land where her children can live.
Madame Arhouna (la 1ère femme debout de la droite vers la gauche) est une grande vendeuse de condiments de toutes sortes à Kalaban Coro.
Elle compte utiliser son prêt pour acheter divers condiments tels que le poisson séché, le piment, les tomates fraiches, l’oignon et le Sounbala.
Elle s’approvisionne au grand marché et effectue ses ventes au comptant à Kalaban Coro à une clientèle composée majoritairement de femmes. Madame Arhouna espère réaliser avec ce prêt un bénéfice mensuel moyen de 30 000 FCFA qui sera utilisé, pour être réinvesti dans l’activité et subvenir aux besoins de sa famille. Madame Arhouna ambitionne acheter une parcelle à usage d’habitation pour ses enfants.
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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