They conduct various activities such as preparing food like Massire, who is the third person standing from right to left in the photo. They live in large traditional families in Tiele, in the Baguineda sub-district (Koulikoro region, Republic of Mali).
They have been running small businesses for several years and are in high demand with their food preparation activities, offering meals with meat, fish, beans, rice, etc.
To satisfy the growing needs of their customers, the group decided six years ago to join the Soro Yiriwaso loan program. They are on their eighth group loan.
Massire plans to use her loan to buy two bags of rice and a large quantity of meat and beans. She resupplies in Bamako and locally, and retails her food preparations in Tiele, for cash and on credit, to a clientele composed of men and women.
She hopes to attain monthly profits of 25,000 CFA francs, which will enable her to repay the loan and reinvest the remainder in her food preparation activities.
Elles sont dans le petit commerce depuis plusieurs années et sont très sollicitées dans leurs activités de restauration avec les repas de viandes, poissons, haricots, riz , etc.
Dans le souci de satisfaire le besoin croissant de leurs clientèles, les membres du groupe ont décidé d’intégrer le programme crédit de Soro Yiriwaso, il y a six ans. Elles sont à leur huitième prêt solidaire.
MASSIRE, compte utiliser son prêt pour acheter, 2 sacs de riz et une quantité importante de viandes et haricots. Elle s’approvisionne à BAMAKO, sur place et vend ses aliments à TIELE, en détail, au comptant et à crédit, à une clientèle composée d’hommes et de femmes.
Elle espère sur un bénéfice mensuel de 25.000FCFA somme qui lui
permettra de rembourser le prêt et réinvestir le reste dans ses activités de restauration.
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