The Sabali group is composed of four married women. On the average, they are 37 years old, with four children. They live in nuclear families in the Massablacoura district of the town of Bougouni. They know each other as neighbors and friends as well as through their business. In order to strengthen their financing capacity in order to improve their business, they have joined the Soro Yiriwaso microfinance institution and are now on the 11th loan. The ten prior loans have been duly repaid. The group members sell condiments, which is the case of Kadia, for example. She is the second one from right to left in the photo. She plans to use this loan to buy condiments in various quantities from the wholesalers in Bougoni. She sells at the market and out of her home, retail, for cash and on credit, to a mixed customer base. She plans to earn an average monthly income of 20,000 West African francs, which will be invested in her business and used to repay the loan.
Le groupe SABALI est constitué de 4 femmes toutes mariées ayant une moyenne d’âge de 37ans et 4enfants. Elles vivent dans des familles nucléaires dans le quartier MASSABLACOURA de la ville de Bougouni.
Elles se sont connues à travers des liens de voisinage, d’amitié et de commerce. Pour renforcer leur capacité financière afin de mieux faire leur commerce, elles ont adhéré à l’institution de microfinance Soro Yiriwaso avec laquelle elles sont à leur 11ème prêt. Les 10 précédents prêts ont été correctement remboursés. Ce groupe de femmes fait le commerce de condiments à l’image de KADIA qui est la 2éme femme dans la photo de la droite vers la gauche. Elle compte acheter avec son prêt, diverses quantités de condiments avec les grossistes de Bougouni. Elle effectue ses ventes au marché et à domicile, en détail au comptant et à crédit à une clientèle mixte .
Elle envisage réaliser un bénéfice mensuel moyen de 20.000FCFA qui sera investi dans les activités et rembourser le prêt.
Soro 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.