Djékafo(Soyons Ensemble) Group
They get their supplies locally on a daily basis and sell them at the village market and the markets in surrounding villages.
The women of the Djékafo group are requesting their second loan. They plan on earning an average monthly profit of 22,000F CFA each. They plan on improving their living conditions with the group loan program through the Soro Yiriwaso microfinance institution.
Elles s’approvisionnent hebdomadairement sur place et vendent au marché du village et les marchés des villages environnants..
Les femmes du groupe Djékafo sont à leur deuxième prêt. elles comptent réaliser un bénéfice moyen mensuel de 22.000 FCFA par femme. elles comptent améliorer leur condition de vie avec le système de prêt de groupe solidaire de l’institution de micro finance SORO YIRIWASO.
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