They met through kinship, neighborhood ties and friendship. They sell condiments, soap, coal and grain. The Kotakegne group of women are on their ninth group loan.
Group member Aramata is the first person sitting, and sells grain. With this loan she intends to buy two bags of rice and one bag of peanuts. She expects to achieve an average monthly profit of 10,000 CFA francs which will be reused in the activity.
Elles se sont connues à travers des liens de parenté, de voisinage et d’amitié. Elles font le commerce de condiment, du savon, de charbon et les céréales.
Les femmes du groupe Kotakegne sont à leur neuvième prêt solidaire.
La cliente Aramata la première personne dans le rang des assises est vendeuse de céréales. Avec ce prêt, elle compte acheter 2 sacs de riz et 1 sac d’arachide. Elle compte réaliser un bénéfice mensuel moyen de 10.000 FCFA qui sera réutilisée dans l’activité.
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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