The women sell soap, clothing, onions, potatoes, and pottery.
With the goal of meeting the great demand from their customers, the group members decided to join Soro Yiriwaso. They are on their third group loan.
Mariam, standing second from the right of the photo, has not been to school. She sells potatoes.
She plans to buy four sacs of potatoes from suppliers at the weekly markets. She will then resell her goods at retail from her house and from Fana's daily market to a mixed group of customers.
Mariam hopes to earn an average monthly profit of 70,000 francs CFA, which will be reinvested back into her business.
Elles se sont connues à travers des liens de parenté, de voisinage et d’amitié. Elles font le commerce de savon, de l’habillement, d’oignon, de patate et de poterie.
Les femmes du groupe TIESSIRI sont à leur troisième prêt solidaire. Dans le but de satisfaire la demande énorme de leurs clientèles, elles font recours à SORO YIRIWASO.
La cliente MARIAM , deuxième personne à partir de la droite n’est pas instruite, elle est actuellement vendeuse de patate. Elle compte achète 4 sacs de patate chez ses fournisseurs au marché hebdomadaire. La vente se fait en détail et en espèce chez elle et au marché journalier de fana à une clientèle mixte. Elle envisage réaliser un bénéfice moyen mensuel de 70 000 FCFA qui sera réinvesti dans son activité.
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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