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Kadiatou
Mrs. S. Kadiatou is married and the mother of three children, one boy and two girls. She was born on November 20, 1965 in Bougouni, a prefecture in the third administrative region of Mali. She lives in her husband's house, together with his co-spouse and their children, in the Noumousso neighborhood in Kadiolo. She sells wax pagnes (colorful African cloth), fabrics, and bazins (highly prized cloth). For three years, she's been owning a sewing workshop where she sews and sells clothing. She also offers sewing services. She's getting help from a tailor, who she pays at the end of the month. Kadiatou is also a teacher at Kadiolo's elementary school. She manages to do all these activities harmoniously.


She's seeking her first loan from Kiva's partner, the microfinance organization Soro Yiriwaso, in order to meet customer demand. She intends to use it to buy 10 full sets of men's fabric, 1 piece of bazin, 2 pieces of wax pagnes, and other items. She gets her supplies in Bamako, the capital of Mali, and in Burkina Faso. She sells for cash or on credit (retail and on order) to a clientele comprising both women and men. She foresees turning a monthly profit of XOF 80'000 (ca US$ 165), to be used in part to bolster her working capital. The other part will be put aside, because she would like to build a home to live in the city of Sikasso.

View original language description ↓
Madame Kadiatou S. est mariée et a une coépouse, mère de 3 enfants (1garçon et 2 filles) elle est née le 20 Novembre 1965 à Bougouni une préfecture de la 3eme région administrative du Mali. Elle vit dans la maison de leur mari avec son coépouse et leurs enfants à Kadiolo quartier Noumousso.
Elle fait le commerce de pagnes wax,de tissus et de tasses depuis 3ans et possède un atelier de couture où elle coud et vend des habits et fait également des prestations de couture. Elle se fait aider par un tailleur qu’elle paye en fin du mois. Kadiatou enseigne aussi à l’école primaire de Kadiolo ( Noumousso) . Elle mène ses différentes activités en harmonie.
Elle est à son premier prêt avec l’institution de microfinance Soro Yiriwaso pour pouvoir satisfaire le besoin de ses clients.
Elle compte acheter avec son prêt 10 complets de tissus homme, 1pièce de bazin, 2 pièces de pagnes wax et autres articles. Elle s’approvisionne à Bamako(capitale du Mali) et au Burkina faso. Elle vend au comptant ou à crédit (sur commande et en détail) à une clientèle composée de femmes et d’hommes.
Elle envisage réaliser un bénéfice mensuel de 80.000 FCFA dont une partie sera utilisée pour augmenter le fonds de commerce et l’autre partie fera l’objet d’épargne car elle aimera construire une maison à usage d’habitation à Sikasso ville.

Additional Information

Important Information

Soro 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.

About Mali

  • $1,200
    Average annual income
  • 68
    View loans »
    Mali Loans Fundraising
  • $10,809,225
    Funds lent in using Kiva
  • 490.5
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Kadiatou to buy fabrics, pagnes and bazin (African cloth), and other items.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 18, 2009
Listed
May 1, 2009
Currency Exchange Loss:
Covered
Ended:
Dec 15, 2009