This group of women sell various items such as clothes (new and used), and other goods. In order to expand their businesses, they have decided to join the loan program offered by Soro Yiriwaso. This is their seventh group loan.
Mamine, a member of the group, sells used clothing. In the photo, she is the woman standing first from the left. She is planning to use her loan to buy one bale of used clothes which she will resell on a retail basis to a diverse group of customers. She purchases her merchandise in Koutiala.
While the other members of the group are expecting to make an average profit of 190,000 CFA francs each during this loan cycle, Mamine is expecting to make a profit of 205,000 CFA francs.
The members of the group will use their earnings not only to repay their loans but also partly to cover their personal expenses and to increase their businesses. They all wish to strengthen their partnership with Soro Yiriwaso in order to prevent a shortage of stocks.
Ce groupe de femmes fait le commerce d’articles divers tels que des Habits, de Friperies et divers. Pour augmenter la taille de leurs activités, les membres ont décidé d’intégrer le programme crédit de Soro Yiriwaso. Elles sont à leur septième prêt de groupe.
Mamine est un membre du groupe Djantognerela debout au bout à gauche, est une vendeuse de Friperie. Elle compte utiliser son prêt pour acheter un Balle de friperie qu’elle vend en détail à une clientèle diverse. Elle se procure de ses marchandises à Koutiala.
Tandis que les autres membres du groupe Djantognerela comptent réaliser un bénéfice moyen de 190 000CFA chacune au cours de ce cycle Mme Mamine compte réaliser 205 000FCFA.
En plus du remboursement des prêts, elles utilisent une partie du revenu pour faire face aux dépenses personnelles et augmenter son fonds de commerce.
Elles souhaitent voir renforcer ce partenariat avec Soro Yiriwaso pour que les stocks ne soient pas rares.
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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