Ms. MAIMOUNA does commerce in clothing (used) in this group of women. She is first at the right in the photo. She intends to use her loan to purchase 2 bales of secondhand clothing in Sikasso. She makes her sales retail to a customer base composed of men and women paying with cash or credit at the house or at the market. She envisions making an average monthly profit of 32,500 francs CFA. Part of the profits is used to pay back the loan with interest, and the other part goes toward her savings.
Elles sont à leurs quatorzièmes prêts avec l’institution de micro finance Soro Yiriwaso afin de satisfaire le besoin de leur clientèle.
Mme MAIMOUNA fait le commerce d’habits (friperie) dans ce groupe de femmes. Elle est la première position de la droite vers la gauche sur la photo.
Elle compte acheter avec son prêt 2 balles de friperie à Sikasso. Elle vend au détail à la maison et au marché à une clientèle composée d’hommes et de femmes au comptant et à crédit.
Elle envisage réaliser un bénéfice mensuel moyen de 32 500 francs CFA dont une partie est utilisée pour payer le prêt et son interêt et l’autre pour son 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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Success!! The loan was 100% repaid