They each have different businesses, but the most common is selling children's clothing in which 2 clients are involved; ithe other two are in the businesses of selling fruit and vegetables and selling shoes.
They work together with the micro-finance institution Soro Yiriwaso so as to satisfy the needs of their clientele. They are on their 4th solidarity loan (group loan). The preceding loans were correctly reimbursed.
They intend to use this loan to buy 4 dozen outfits for children, a load of oranges and mandarines, and around 20 pairs of shoes. They do their buying either in Bamako, the capital of Mali, or right in Sikasso and the surrounding area.
The items are sold retail and on a cash basis in the markets of the town of Sikasso (Médine and the big open-air market) and in their own neighborhoods, to a clientele composed of men and women.
They each hope to make an average profit 21,000 FCFA a month that they plan to use partially for their businesses and partially for the needs of their families.
Elles exercent des activités commerciales différentes mais la plus dominante est la vente d’habits pour enfant menée par (2) clientes et à laquelle s’ajoute la vente de fruits et de chaussures.
Elles collaborent avec l’institution de microfinance Soro Yiriwaso afin de satisfaire le besoin de leur clientèle. Elles sont à leur quatrième prêt solidaire (prêt de groupe).Les prêts précédents ont été correctement remboursés.
Elles comptent utiliser ce prêt pour acheter 4 douzaines d’habits pour enfant, un chargement d’orange et de mandarine et une vingtaine de paire de chaussures. Elles s’approvisionnent soit à Bamako capitale du Mali, ou sur place à Sikasso et environnants.
Les produits sont vendus en détail et au comptant dans les marchés de la ville de Sikasso (Médine et le grand marché de la ville) et dans les quartiers à une clientèle composée de femmes et d’hommes.
Elles espèrent réaliser chacune un bénéfice moyen de 21.000 FCFA par mois qu’elles comptent utiliser, une partie dans les activités et l’autre partie aux besoins de la famille.
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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