Sabaly (Le Pardon) Group
This group of women buy and sell a variety of products such as fruit and vegetables, cosmetics, etc. In order to expand their activities, the members decided to join Soro Yiriwaso's loan program. They are on their first group loan.
Djeneba, who is a member of this group, is sitting on the far right of the photo. She is planning on using her loan to buy various products: "pagnes" (pieces of highly decorative fabric) and kitchen utensils, all manufactured locally. She gets her products in Koutiala and sells on a retail basis and for cash, from home and at the market, to a diverse customer base.
While the other members of the Sabaly group expect to make an average of 65,000FCFA each during the course of the cycle, Djeneba expects to make 70,000FCFA.
They will use their income to repay their loans but also to cover general expenses and expand their businesses.
Ce groupe de femmes fait le commerce d’articles divers tels, les fruits et légumes, les cosmétiques, etc.
Pour augmenter la taille de leurs activités, les membres ont décidé d’intégrer le programme crédit de Soro Yiriwaso. Elles sont à leur premier prêt de groupe.
Djeneba est un membre du groupe assise de la droite vers la gauche, elle compte utiliser son prêt pour acheter des articles divers :pagnes et des ustensiles de cuisine de fabrication locale ses articles. 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 Sabaly comptent réaliser un bénéfice moyen de 65 000 chacune au cours de ce cycle Mme Djeneba compte réaliser 70 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.
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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