They have various businesses, among others the sale of cosmetics, drinks, fruit, condiments, etc. They are on their first loan with the micro-finance institution Soro Yiriwaso. With this loan, they intend to buy 10 packs of condiments, 15 crates of drinks, and 10 cartons of cosmetics.
They do their buying generally from wholesalers at the big market in Sikasso, and in the surrounding villages from the farmers, in so far as certain condiments are concerned. They sell at the market and in the neighborhoods, door-to-door, to a clientele composed of women and men, generally retail and for cash.
They each expect to make a profit of 15,000 F CFA per month, of which part will be used for needs of their families and the rest will be invested back into their businesses.
Elles mènent diverses activités qui sont entre autres la vente de produits de beauté, de boissons, de fruits, de condiments etc.
Elles sont à leur premier prêt avec l’institution de microfinance Soro Yiriwaso.
Avec ce prêt, elles comptent acheter 10 paquets de condiments alimentaires, 15 casiers de boissons et 10 cartons de produits de beauté.
Elles s’approvisionnent en générale au grand marché de Sikasso auprès des grossistes et dans les villages environnants pour certains condiments auprès des paysans. Elles effectuent leurs ventes au marché et dans les quartiers d’une façon ambulante à une clientèle composée de femmes et d’hommes , généralement au comptant et en détail.
Elles envisagent réaliser chacune un bénéfice de 15.000FCFA par mois dont une partie sera utilisée pour les besoins de la famille et l’autre partie sera investie 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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