The women of Djantoyerela Group are all married in traditional families. They have an average age of 39 and 4 children. They all live in the village of Sakoiba, in the region of Segou, the fourth largest administrative region of Mali. They know each other through their revenue-generating businesses and their neighborhood, marriage, and family ties. They are in the business of groundnuts, charcoal, and firewood. In order to buy their merchandise, the group members joined Soro Yiriwaso and are on their 14th group loan. Ms Ya (first woman standing at the left of the photo) is a seller of charcoal and firewood in the village of Sakoiba. She plans to use her loan to buy 20 bags of charcoal and 10 cartloads of firewood. She sells her goods in Segou for cash to male and female customers. She expects to earn an average profit of 20,000 FCFA. This profit will enable her to take care of some of the needs of her children and her family.
Les femmes de Djantoyerela sont toutes mariées dans des familles traditionnelles. Elles ont en moyenne 39 ans et 4 enfants. Elles vivent toutes dans le village de Sakoïba, dans la région de Ségou (4ème région administrative du Mali). Elles se sont connues à travers leurs activités génératrices de revenus, des liens de voisinage, de mariage et de parenté dans le village. Elles font le commerce d’arachide, du charbon de bois et du bois de chauffe. Dans le but d’acheter leurs marchandises, les membres du groupe ont intégré Soro Yiriwaso et sont à leur 14ème cycle du prêt solidaire. Madame Ya (1ère femme debout à gauche dans la photo,) est une vendeuse de charbon et de bois dans le village de Sakoïba. Elle compte utiliser son prêt pour acheter 20 sacs de charbon de bois et 10 chargements de charrettes en bois de chauffe. La vente de ses marchandises se fait à Ségou au comptant à une clientèle composée d’hommes et de femmes. Elle compte réaliser un bénéfice moyen de 20.000 FCFA. Ce bénéfice lui permettra de prendre en charge certains besoins des enfants et de la famille.
Soro 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.