This client, Kadiatou, who is sitting second from the right, is a vendor of peanuts. She intends to purchase 3 sacks of peanuts from wholesalers. The peanuts will be sold retail to a mixed customer base at the market and also at the house. She is counting on making a monthly profit of 20,000 francs CFA that will be invested in raising livestock.
Les femmes du groupe BADEYA sont à leur deuxième prêt solidaire qui sera utilisé pour acheter les différentes marchandises citées ci-dessus.
La cliente Kadiatou la deuxième personne assise à partir de la droite est vendeuse d’arachide. Elle compte acheter 3 sacs d’arachide auprès des grossistes. L’arachide sera vendue en détail au marché et aussi à la maison à une clientèle mixte. Elle compte faire un bénéfice mensuel de 20.000FCFA qui sera injecté dans l’élevage.
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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