These women know each other through family connections, and run businesses selling various items such as condiments and milk.
After having properly repaid their nine previous loans, the women of the Ambenakan group are on their tenth solidarity (group) loan.
Koumba (standing first from the right in the photo) is a major milk seller and intends to use her loan to buy 150 litres of milk per day in order to resupply the milk collection centre "Danaya Nono." She gets her supplies from the dairy farmers in the town.
She hopes to realize an average monthly profit of 27,500 FCFA, which will be used to pay for health, food, and school expenses, with the remainder being reinvested in her business.
Ces femmes se sont connues à travers des liens de parenté et font le commerce d’articles divers tels l’achat vente de condiments alimentaires, de lait.
Après avoir correctement remboursés les neuf prêts précédents, les femmes du groupe FILLASSO sont à leur dixième prêt solidaire.
KOUMBA grande vendeuse de lait (1ere personne de la droite vers la gauche) compte utiliser son prêt pour acheter 150 litres de lait par jour en vu de ravitailler le centre de collecte de lait ‘’Danaya Nono’’. Elle s’approvisionne auprès des bergers du village. Elle envisage réaliser un bénéfice moyen mensuel de 27500 FCFA qui sera utilisé dans les dépenses relatives à la santé, à la nourriture, aux frais scolaires et le reste sera réinvesti dans les activités.
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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