Belle Dame Group
Adiara, the woman sitting in the middle of the picture, has a good reputation as a clothes seller. She plans to use her loan to buy 2 bales of pieces of light fabrics wholesale at the Grand Market. She makes her sales in Djicoroni to a varied retail clientèle. Thanks to this loan, Adiara hopes to make an average monthly profit of 75 000 francs which will be reinvested in her business. Her aim to buy a plot of land destined for habitation thanks to her relationship with Soro Yiriwaso.
Madame Adiara (femme assise au milieu sur la photo) a une grande réputation dans la vente des habits. Elle compte utiliser son prêt pour acheter 2 balles de pièces de tissus légers en gros au grand marché. La revente se fait en détail à Djicoroni à une clientèle mixte. Madame Adiara espère réaliser avec ce prêt un bénéfice mensuel moyen de 75 000 FCFA qui sera utilisé, pour être réinvesti dans l’activité. Elle a pour objectif d’acheter un lot à usage d’habitation dans cette relation avec Soro Yiriwaso.
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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