Danaya (La Confiance) Group
This group of women sells a variety of items such as fruit, clothing, shoes, catering, etc.
To increase the size of their businesses, the members decided to join the loan program of Soro Yiriwaso. They are on their sixth group loan.
Badiallo is a member of the group Danaya sitting in the 3rd position from the right to the left.
She plans to use her loan to buy all sorts of clothing. She gets her items in Koutiala and sells retail and for cash from home and at the market to a diverse clientele.
While the other members of Danaya group plan to make an average profit of 103,330 FCFA each during this loan cycle, Madam Badiallo plans to make 120,000 FCFA.
In addition to paying back the loans, they use part of the revenue to take care of their personal expenses and increase their working capital.
They hope to see this partnership with Soro Yiriwaso strengthened so that their stock is not scarce.
NB: Oumou is missing from the photo due to social reasons.
Ce groupe de femmes fait le commerce d’articles divers tels, les fruits, les habits, les chaussures, de la restauration, etc.
Pour augmenter la taille de leurs activités, les membres ont décidé d’intégrer le programme crédit de Soro Yiriwaso. Elles sont à leur sixième prêt de groupe.
Badiallo est un membre du groupe Danaya assise en 3 eme position de la droite vers la gauche.
Elle compte utiliser son prêt pour acheter des habits de toutes sortes. Elle se procure de ces articles à Koutiala et effectue ses ventes en détail et au comptant à la maison et au marché et à une clientèle diverse.
Tandis que les autres membres du groupe Danaya comptent réaliser un bénéfice moyen de 103 330CFA chacune au cours de ce cycle Mme Badiallo compte réaliser 120 000FCFA.
En plus du remboursement des prêts, elles utilisent une partie du revenu pour faire face aux dépenses personnel et augmenter son fond de commerce.
Elles souhaitent voir renforcée ce partenariat avec Soro Yiriwaso pour que les stocks ne soient pas rares.
NB/ Oumou est absente de la photo pour raison sociale
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