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Belle Dame Group
In this Group: Bintou , Adiara , Minata, Assétou , Elisabete , Nah , Mama
The members of the Belle Dame group are exclusively monogamous. They have an average age of 32 and, on average, 2 children. They all live in Djicoroni and got to know each other thanks to neighbourly relationships. The group members sell clothing and gas. The group members decided to join Soro Yiriwaso so that they could restock their inventories, and are on their 3rd group loan.

Adiara, the woman sitting in the middle of the picture, has a good reputation as a clothes seller. She plans to use her loan to buy 2 bales of pieces of light fabrics wholesale at the Grand Market. She makes her sales in Djicoroni to a varied retail clientèle. Thanks to this loan, Adiara hopes to make an average monthly profit of 75 000 francs which will be reinvested in her business. Her aim to buy a plot of land destined for habitation thanks to her relationship with Soro Yiriwaso.
Le groupe Belle Dame est composé uniquement de femmes monogames. Elles ont en moyenne 32 ans et 2 enfants. Elles habitent toutes à Djicoroni et se sont connues à travers des liens de voisinage. Les membres du groupe font le commerce de vêtements, d’habits et du dépôt de gaz. Dans le but de constituer leurs stocks de vente, les membres du groupe ont décidé de collaborer avec Soro Yiriwaso et sont à leur 3ème cycle de prêt solidaire.
Madame Adiara (femme assise au milieu sur la photo) a une grande réputation dans la vente des habits. Elle compte utiliser son prêt pour acheter 2 balles de pièces de tissus légers en gros au grand marché. La revente se fait en détail à Djicoroni à une clientèle mixte. Madame Adiara espère réaliser avec ce prêt un bénéfice mensuel moyen de 75 000 FCFA qui sera utilisé, pour être réinvesti dans l’activité. Elle a pour objectif d’acheter un lot à usage d’habitation dans cette relation avec Soro Yiriwaso.

Additional Information

Important Information

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.

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About Mali

  • $1,200
    Average annual income
  • 125
    View loans »
    Mali Loans Fundraising
  • $11,290,050
    Funds lent in using Kiva
  • 478.7
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Belle Dame Group's $4,400 loan helped a member to buy clothing.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 20, 2014
Listed
Mar 4, 2014
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2014