They know one another through ties of kinship, vicinity, and friendship. They are merchants of "condiments" (vegetables used in local sauces), charcoal, grain and prepared food.The women of the Mougnou Group are currently on their first group loan.
The client Doussou is shown in the photo standing the second from the right. With her loan, she plans to purchase two sacks of peppers and two baskets of tomatoes from local producers. She hopes to earn an average monthly revenue of 25,000 Francs CFA, which she will use to reinvest in her business.
Elles se sont connues à travers des liens de parenté, de voisinage et d’amitié. Elles font le commerce de condiment de charbon de bois, de céréales et de la restauration.
Les femmes du groupe Mougnou sont à leur premier prêt solidaire.
La cliente Doussou la deuxième personne debout à partir de la droite, compte acheter 2 sacs de piment et 2 paniers de tomate avec ce prêt chez les producteurs. Elle compte réaliser un bénéfice mensuel moyen de 25000 FCFA qui sera réutilisé dans l’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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Success!! The loan was 100% repaid