The group works in food preparation and the selling of condiments, fruits, and vegetables. They are on their sixth group loan.
Sali, the first person standing on the left, sells condiments. She procures her goods in Dioila from wholesalers coming from Fana [and will buy] tomato paste, ground nuts, Maggi cubes, onion salt, eggplants, garlic, peppers, and pepper.
She will resell her condiments at retail to a mixed clientele in Dioila. She hopes to earn a monthly profit of 38,000 francs CFA. These earnings will be reinvested in her business.
Elles se sont connues à travers des liens de parenté, de voisinage et d’amitié. Elles font la restauration, le commerce des condiments, des fruits et les légumes. Les femmes du groupe BENKADI sont à leur sixième prêt solidaire. La cliente SALI la première personne a partir de la gauche dans le rang des debout est vendeuse de condiment. Elle s approvisionne à Dioila chez les grossistes venant de Fana en pâte de tomate, d’arachide, de cube Maggi, de sel d’oignon, d’aubergine de l’ail de poivre et poivron. Elle revend ses condiments en détail à une clientèle mixte clientèle à Dioila. Elle compte réaliser un bénéfice mensuel de 38000 FCFA. Ce bénéfice sera réinjecté dans son activité de vente de condiment.
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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