With the goal of satisfying the growing demand of their clientele, the Agnatoallama group first came together to request a loan from Soro Yiriwaso (Kiva Field Partner) five years ago. They are on their group loan.
Alima D. will use her loan to purchase 3 sacks of rice, 2 sacks of salt, 4 boxes of bullion, and other ingredients needed for the preparation of food. They purchase their inventory in San and Koutiala and they sell the prepared foods in Tene every day.
She expects to earn a monthly income of 28000 FCFA. This income will permit her to repay the loan and reinvest in her business. The other members of the group expect to earn a 26000FCFA monthly. It will allow them to pay back the loan and to meet their family's needs.
Dans le souci de satisfaire le besoin croissant de leur clientèle, le groupe Agnatoallama à décidé d’intégrer le programme crédit de Soro Yiriwaso il y a 5 ans. Elles sont à leur neuvième prêt de groupe.
ALIMA D. compte utiliser son prêt pour acheter, 3 sacs riz, 2 sacs de sel, 4 paquets de maggi et d’autres ingrédients pour la préparation des repas. Elle s’approvisionne à San et Koutiala et vend ses repas à TENE tous les jours.
Elle espère sur un bénéfice mensuel de 28000FCFA somme qui lui permettra de rembourser le prêt et de réinvestir dans son activité. Les autres membres compte sur un bénéfice de 26000FCFA par mois somme qui leur permettra de rembourser le prêt et de subvenir aux besoins familiaux.
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