The women are all related and are involved in trading food products, such as condiments, and other goods.
Having successfully repaid all their previous loans, the women in the Badegna group are requesting their 3rd solidarity loan.
Bintou Solo, pictured standing second from the left, intends to use her loan to buy one bale of cloth, shoes, fresh tomatoes, onions, aubergines, baskets of cereals and some baskets of fruit and vegetables.
The women buy their supplies in Kancene. They sell their goods in Kancene at the market and local stalls to individual customers for cash or on credit. Their clientele includes both men and women.
They are hoping to make a monthly average of 30 000 CFA francs, which will be spent on healthcare, food, school fees and reinvesting in their businesses.
Ces femmes se sont connues à travers des liens de parenté et font les activités d’achat et de vente de produits alimentaires tels les condiments alimentaires, et produits divers.
Après avoir correctement remboursés les prêts précédents, les femmes du groupe BADEGNA sont à leur 3 eme prêt solidaire. BINTOU SOLO 2 eme personne debout de la gauche vers la droite compte utiliser son prêt pour acheter, 1bales de tissus, des chaussures, des tomates fraîches, des oignons, des aubergines, des paniers de grains de céréales et quelques paniers de fruits et légumes.
Elles s’approvisionnent à KANCENE. Elles effectuent ses ventes, à KANCENE, au marché et dans les foires environnantes, au comptant, en détail et à crédit, à une clientèle composée de femmes et d’hommes.
Elles envisagent réaliser un bénéfice moyen mensuel de 30 000FCFA qui sera utilisé dans les dépenses relatives à la santé, à la nourriture, aux frais scolaires et le reste sera réinvesti dans les activités.
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