This client, MODJERE, who is standing first from the right, intends to purchase 4 sacks of unshelled peanuts that will then be shelled and sold retail to a mixed customer base. She envisions making an average monthly profit of 12,000 francs CFA that will be used to meet family needs. Part of the profits is reinvested in her business.
Les femmes du groupe Benkadi sont à leur quatrième prêt solidaire.
La cliente MODJERE, la première à partir de la droite dans le rang des debout, compte acheter 4 sacs d’arachide non décortiqués qui seront ensuite décortiqués pour être vendus en détail à une clientèle mixte. Elle envisage réaliser un bénéfice moyen mensuel de 12.000FCFA qui sera utilisé pour ses besoins de la famille et une partie est réinvestie dans son activité de commerce.
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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