To meet their customers’ demand, they are on their fifth loan with microfinance organization Soro Yiriwaso. In this group of women, Mrs. Sanata retails cups. She is in the second position from the right to the left in the photo.
With her loan, she is planning on purchasing ten boxes of six individual cups. She stocks up in Sikasso. She retails from home and at the market, to a mixed-gender clientele. She takes cash and grants credits.
She expects an average monthly profit of 20,000 XOF; part of it will be used to pay back her loan, with the rest going to her savings.
Elles sont à leur cinquième prêt avec l’institution de micro finance Soro Yiriwaso afin de satisfaire le besoin de leur clientèle.
Mme SANATA fait le commerce des tasses dans ce groupe de femmes. Elle est à la deuxième position de la droite vers la gauche sur la photo.
Elle compte acheter avec son prêt 10 cartons de 6 pièces de tasses. Elle s’approvisionne à SIKASSO. Elle vend en 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 20 000 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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