Benkadi(L'entente Est Bonne Group
They all work in the small-scale business of selling various items (tubers, charcoal, candy, etc.). With this loan, they plan to buy bags of tubers, charcoal and raw materials. They get their supplies every month in surrounding villages.
This is their second loan and they plan to earn an average monthly profit of 18,500F CFA.
Elles exercent toutes le petit commerce d’articles divers (tubercules, charbon de bois, friandises . . .). Avec ce prêt, elles comptent acheter des sacs de tubercules, des sacs de charbon et des matières premières. Elles s’approvisionnent mensuellement sur place et dans les villages environnants.
Elles sont à leur deuxième prêt et compte réaliser un bénéfice moyen mensuel de 18.500 FCFA.
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