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Ramatoulaye
Ramatoulaye Traoré is 53 years old, single and mother to one child. She lives in a large traditional family in Bougoula Ville, the central town of Sikasso (the third administrative region of the Republic of Mali). Ramatoulaye is a seamstress by profession and she buys bundles of sheets, curtains and tablemats in order to alter them and resell them; she has been doing this for more than twenty years. She carries out this activity from home where she has her own sewing machine.

In order to satisfy her ever increasing customer base, she decided to join the mincrofinance institution, Soro Yiriwaso, over six years ago. After several group loans with an association of women in her neighborhood, she is now on her ninth individual loan and all the previous loans have been repaid correctly.

With this loan she is planning to buy eight parcels of tablemats, eight bundles of curtains and eight bundles of sheets. She gets her supplies locally from wholesalers, and she sells generally for cash and on credit to a customer base made up of women.

She is expecting to make a monthly profit of 250,000 FCFA which will be used essentially to expand her business, contribute to family expenses and pay the interest on her loan; the rest will be invested in her activity.
View original language description ↓
Ramatoulaye Traoré est âgée de 53 ans, célibataire et mère d’un enfant, elle vit dans la grande famille traditionnelle à Bougoula Ville, le centre ville de Sikasso ( troisième région administrative de la république du Mali).
Ramatoulaye Traoré est une couturière de profession qui achète des balles des draps, rideaux et de napperon afin de les modifier pour pouvoir les revendre et cela depuis maintenant plus de vingt ans. Elle mène son activité à domicile où elle possède sa propre machine à coudre.
Pour satisfaire sa clientèle de plus en plus croissante, elle décida de rejoindre l’institution de microfinance Soro Yiriwaso depuis plus de six ans. Après plusieurs prêts solidaires (prêt de groupe) dans une association des femmes de son quartier, elle est à son neuvième prêt individuel et tous les prêts ont été correctement remboursés.
Elle compte acheter avec ce prêt, 8 colis de napperon, 8 balles de rideau et 4 balles de drap. Elle s’approvisionne sur place auprès des grossistes et effectue sa vente très généralement au comptant, à crédit à une clientèle composée des femmes.
Elle envisage réaliser un bénéfice mensuel de 250 000 FCFA qui sera utilisé essentiellement pour augmenter son fonds de commerce, contribuer aux dépenses familiales, payer les intérêts de son prêt et investir le reste dans son activité.

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
  • 28
    View loans »
    Mali Loans Fundraising
  • $10,710,025
    Funds lent in using Kiva
  • 484.0
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,050 helped Ramatoulaye purchase of sheets, curtains and tablemats.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 11, 2010
Listed
Mar 24, 2010
Currency Exchange Loss:
Covered
Ended:
Oct 15, 2010