They met through family, friendship and neighbourhood ties. They sell condiments, soap, clothing, tubers, groundnuts, fish and cereals.
The women of the Danaya group are on their third solidarity loan. They will use the loan to purchase the various goods mentioned above.
Minata who is the first person standing on the right, is a fishmonger. She plans to buy a basket of fish from the village fishermen. She sells the fish in Wacoro and neighbouring localities to a mixed clientele. She expects to make an average monthly profit of 9.000 FCFA which she will use partly for her business.
She aims to buy two goats for her savings.
Les femmes du groupe DANAYA sont à leur troisième prêt solidaire qui sera utilisé pour acheter les différentes marchandises citées ci-dessus.
La cliente MINATA la première personne debout à droite est vendeuse de poisson. Elle compte acheter un panier de poisson avec les pécheurs du village. Le poisson est vendu à Wacoro et environnants à une clientèle mixte. Elle compte réaliser un bénéfice mensuel moyen de 9.000 FCFA qui sera en partie utilisé l’activité.
Elle ambitionne acheter 2 chèvres pour épargne.
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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