Aïche Coulibaly


Status: Paid Back

$525.00   Loan Request
$525.00   Paid Back

About the Entrepreneur

Name: Aïche Coulibaly
Location: Ouelessebougou Koulikoro,, Mali
Activity: Cosmetics Sales

About the Loan

Loan Amount: $525.00
Loan Use: To buy beauty products for women
Repayment Term: 9 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Apr 1, 2009
Date Disbursed: Mar 1, 2009
Date Funded:Apr 7, 2009
Loan Ended:Nov 15, 2009

About the Country

Country:Mali
Avg Annual Income:$1,200.00
Currency:Communauté Financière Africaine Francs BCEAO (XOF)
Exchange Rate:494.1950 XOF = 1 USD



Mrs. Aiché Coulibaly is a 40-year old married woman with two children, and lives in a traditional household in Sanankoroba, the second administrative region of the Republic of mali.
Due to financial reasons, she left school very early to start a travelling business selling beauty products for women. Aiché is renowned for the quality of her products.
In her search for supplementary financial resources, she decided to join the loan program of the microfinance institution Soro Yiriwaso 5 years ago. After 5 group (solidarity) loans, she is seeking her fourth individual loan with Soro Yiriwaso.
She intends to buy a sizable stock of beauty products of different types in Bamako (the capital of Mali), which she will sell at her store in Sanankoroba to a clientele that is mostly female.
She foresees realizing a monthly profit of 80,000 FCFA, which will allow her to repay the loan and meet her own needs.
In the days to come, she hopes to obtain a larger loan to have other top quality items in order to better satisfy her growing clientele.

Translated from French by Vilas Menon, Kiva Volunteer


Madame Aiché Coulibaly est une femme mariée de 40 ans, mère de deux enfants qui vit dans une famille traditionnelle à Sanankoroba deuxième région administrative de la république du Mali.
Pour des raisons financières, elle quitta très tôt l’école pour exercer le petit commerce d’articles de beauté pour femmes, d’une façon ambulante. Aiché est très réputée pour la qualité de ses produits.
Dans ses recherches de ressources financières complémentaires, elle décida de rejoindre le programme crédit de l’institution depuis maintenant 5 ans. Après 5 prêts de groupe (prêt solidaire) elle est à son quatrième prêt individuel avec Soro Yiriwaso.
Elle compte acheter un important stock de produits de beauté à Bamako (capitale du Mali) de différentes sortes qu’elle va vendre dans son magasin de Sanankoroba à une clientèle essentiellement féminine.
Elle envisage réaliser un bénéfice mensuel de 80 .000 FCFA qui lui permettra de rembourser les intérêts du prêt et subvenir à ses propres besoins.
Elle désire dans les jours à venir, augmenter le montant de son prêt pour avoir d’autres articles de meilleure qualité afin de mieux satisfaire sa clientèle croissante.

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Lenders to this entrepreneur

Laurent D
Brussels,
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Koen&Angeline
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Dave
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Canada

neddotcom
worldwide, OR
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Maarten & Hedwig
Utrecht,
Netherlands

Wonga.com
London, London
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SHIRAZ
LEWISVILLE, TX
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LeNita
San Antonio, TX
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Robert
Monroe, LA
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Helen
Richmond Hill, Ontario
Canada

Gahr High School MUN
Cerritos, CA
United States



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Journal entries for Aïche Coulibaly


Loan has been disbursed
 
Entrepreneur: Aïche Coulibaly
Location: Ouelessebougou Koulikoro,, Mali

Thank you for your loan. It has been disbursed to AÏCHE COULIBALY by Soro Yiriwaso, a partner of Save the Children in Mali. We are excited to watch this business grow. Over the 7 months of this loan, Soro Yiriwaso, a partner of Save the Children will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Ouelessebougou Koulikoro,, Mali
Apr 8, 2009
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PREMIER ET DERNIER FEED BACK
 
Entrepreneur: Aïche Coulibaly
Location: Ouelessebougou Koulikoro,, Mali

Moi, Aiché Coulibaly j’ai utilisé mon prêt pour l’achat –vente d’articles de beauté (cosmétique). Les activités se sont bien déroulées par ce que j’ai pu avoir des articles de bonne qualité pour mieux servir ma clientèle, réaliser un bénéfice me permettant de payer les échéances du prêt et contribuer aux dépenses familiales.

Je compte augmenter mon stock d’articles par un nouveau prêt pour servir ma clientèle croissante.


Posted by Moussa Fofana from Ouelessebougou Koulikoro,, Mali
Sep 16, 2009
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Kiva Help Repayment Schedule for Aïche Coulibaly

  Expected Repayments Actual Repayments Comments
June 2009 $75.00 $75.00 Repayment Received
July 2009 $75.00 $75.00 Repayment Received
August 2009 $75.00 $75.00 Repayment Received
September 2009 $75.00 $75.00 Repayment Received
October 2009 $75.00 $75.00 Repayment Received
November 2009 $75.00 $75.00 Repayment Received
December 2009 $75.00 $75.00 Repayment Received