This is their 4th group loan. Fatoumata sells fried wheat flour. She is the group member sitting in the center. She plans to buy one sack of flour and one half sack of sugar. She conducts her sales twice a week, on Wednesdays and Sundays. She expects to earn an average monthly profit of 10,000 FCFA, which she will use to sustain her activity and to help with the household expenses.
Elles se sont connues à travers des liens de parenté, de voisinage et d’amitié. Elles font le commerce de céréales, des tissus et de la restauration.
Les femmes du groupe BENKADI sont à leur quatrième prêt solidaire.
La cliente Fatoumata la personne assise au milieu, est vendeuse de farine de blé frite. Elle compte acheter 1 sac de farine et un demi-sac de sucre. La vente se fait deux fois par semaine Mercredi et Dimanche. Elle compte réaliser un bénéfice mensuel moyen de 10000 FCFA qui sera réutilisé dans l’activité et dans les dépenses familiales.
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