This client, KADIATOU, who is sitting second from the right, intends to purchase a bag of Gabakourouni soap and 20 sacks of charcoal from Fana suppliers. Then she will resell the goods to customer in and around the village. She envisions making an average monthly profit of 20,000 francs CFA that will be used to meet family needs. Part of the profits will be reinvested in her soap and charcoal business.
Les femmes du groupe Benkadi sont à leur troisième prêt solidaire. La cliente KADIATOU, deuxième personne à partir de la droite dans le rang des assises, compte acheter un sac de savon Gabakourouni et vingt sacs de charbon de bois avec les fournisseurs de Fana, pour ensuite revendre aux clients du village et environnants. Elle envisage réaliser un bénéfice moyen mensuel de 20.000FCFA qui sera utilisé pour ses besoins de la famille et une partie est réinvestie dans l’activité de commerce de savon et de charbon de bois.
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