The women came to know each other as relatives, neighbors and friends. They are in the business of perfume, charcoal, spices, grains, and cow's milk. The women of the group are on their third group loan.
Fanta, the second person from the left in the row of seated women in the photo, plans to purchase 10kg of "gueni", 2kg of "magnon kisseni" (a plant), and 5 bottles of perfume, most often from the sellers in Bamako and Fana, in order to resell them to customers of the village and surrounding area. She hopes to earn an average monthly profit of 25,000 francs CFA which she will use for her family's needs and to reinvest in her business.
Les femmes du groupe Dembagnouman sont à leur troisième prêt solidaire.
La cliente FANTA, deuxième première personne à partir de la gauche dans le rang des assises, compte acheter 10Kg de Gueni, 2Kg de Magnon kisseni et 5 Bidons d’eau de Cologne le plus souvent avec les fournisseurs de Bamako et de Fana, pour ensuite revendre aux clients du village et environnants.
Elle envisage réaliser un bénéfice moyen mensuel de 25 000FCFA qui sera utilisé pour ses besoins de la famille et une partie est réinvestie de ses activités.
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