The client Mariam is shown in the photo seated second from the left. She is a restaurateur, and intends to use her loan to purchase two sacks of rice and condiments (vegetables used for local sauces). She hopes to earn a monthly revenue of 25,000 Francs CFA, which will be spent on family 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 TIESSIRI sont à leur sixième prêt solidaire.
La cliente Mariam la deuxième personne à gauche dans le rang des assises, est restauratrice elle compte acheter 2 sacs de riz et des condiments. Elle compte réaliser un bénéfice mensuel de 25000 FCFA qui sera dépensé dans les problèmes familiaux.
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