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Mariam
Ms. Mariam Koné is 35 years old, married, and the mother of three children. She lives with her husband and children in a traditional family with several other families in the Hamdallaye district of the city of Ségou (3rd administrative region of the Republic of Mali). Mariam didn’t have modern schooling. Rather, she went to a medersa, which she quit in the 7th year (education system of Mali) in order to learn tailoring. She started off with a master tailor.

After five years of apprenticeship, she is rich with practical experience, and she is advancing on her own and has been running this business for ten years now. She enjoys a good deal of distinction and a large customer base. Her selling power is due to her enthusiasm, especially her punctuality in fulfilling orders. In addition to her tailoring trade, she dyes cloth.

Concerned about increasing her business capital in order to realize more profits, she turned toward Soro Yiriwaso. She is on her first individual loan, which she intends to use to buy a CORNA brand sewing machine. Her supplies are gotten locally. And sales are made in cash or on credit to customers composed of women and men.

With this loan, she envisions realizing a monthly profit of 40,000 francs CFA. This profit allows her to help her husband and to assist with societal events (baptisms, marriages, etc.) Her ambition is to open a ready-to-wear clothing store.
View original language description ↓
Madame Mariam Koné est âgée de 35 ans, mariée et mère de 3 enfants. Elle vit avec son mari et ses enfants dans une famille traditionnelle avec plusieurs autres ménages dans le quartier Hamdallaye de la ville de Ségou (quatrième région administrative de la république du Mali).
Mariam n’a pas fréquenté l’école moderne, elle fréquenta plutôt la medersa qu’elle abandonna en classe de 7ème année (système éducatif Malien) pour apprendre le métier tailleur. Elle commença auprès d’un maître tailleur, après avoir fait 5 ans d’apprentissage et riche de cette expérience empirique, elle évolue seule et mène cette activité depuis 10 ans. Elle jouit d’une grande notoriété et clientèle. Sa force de vente est due à son enthousiasme, surtout à sa ponctualité sur le délai de livraison. En plus du métier de tailleur, elle fait de la teinture.
Dans le souci d’augmenter son fonds de commerce, afin de réaliser plus de bénéfices. Elle a fait recours à Soro Yiriwaso. Elle est à son 1er prêt individuel, qu’elle compte utiliser pour acheter une machine à coudre de marque CORNA. Elle s’approvisionne sur place. Madame Mariam Koné vend au comptant et à crédit à une clientèle composée de femmes et d’hommes.
Avec ce prêt, elle envisage réaliser un bénéfice mensuel de 40 000FCFA. Ce bénéfice lui permet d’aider son mari et de participer aux événements sociaux (baptême, mariage etc.…).
Son ambition est d’ouvrir une boutique de prêt-à-porter.

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
  • 23
    View loans »
    Mali Loans Fundraising
  • $9,945,750
    Funds lent in using Kiva
  • 439.6
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,150 helped Mariam to buy a sewing machine.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 6, 2009
Listed
Nov 10, 2009
Currency Exchange Loss:
Covered
Ended:
Dec 15, 2010