The women of the group Deme, composed exclusively of married women, average 50 years of age and four children each, all living in traditional extended families in the village of Dibida, in Commune de Kalake, Préfecture de Baroueli, Région de Ségou (4th administrative region of the Republic of Mali). The women know one another through ties of kinship, community, and friendship. They do commerce in condiments, charcoal, and grains, and they work in food service. They are on their fourth solidarity loan.
This client, Sitan, who is sitting in the middle in the photo, intends to purchase 5 sacks of peanuts, which will be shelled and sold in Fana City. She plans on making an average monthly profit of 35,500 francs CFA that will be reused in her business and for covering family expenses.
Les femmes du groupe Deme, composé exclusivement de femmes mariées, qui ont en moyenne 50 ans, 4 enfants et vivent toutes dans des familles traditionnelles élargies dans le village de Dibida, commune de Binko, préfecture de Baroueli, Région de Ségou (quatrième région administrative de la république du Mali).
Elles se sont connues à travers des liens de parenté, de voisinage et d’amitié. Elles font le commerce de condiment, de charbon de bois, de céréales et de la restauration.
Les femmes du groupe Deme sont à leur quatrième prêt solidaire.
La cliente Sitan la personne assise au milieu, compte acheter 5 sacs d’arachide qui seront décortiqués et vendus dans la ville de Fana. Elle compte réaliser un bénéfice mensuel moyen de 35500 FCFA qui sera réutilisé dans l’activité et dans les dépenses familiales.
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.