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Salimata
Age 34 and mother of one child, Mrs. Salimata D. (in the process of divorcing her husband) lives with her parents in the Kouloukoro quarter of Koutiala city (3rd region of Mali). Never having had the chance to finish elementary school, Salimata did not have time to take an interest in work except for her mother's business. She has now done the same work for 11 years. Her main business is the purchase of jewelry, shoes, fabrics, and other various items. She is often solicited for her business and appreciated by the women of Koutiala.
In order to increase her commercial funds and satisfy her customers with quality work, Mrs. Salimata decided to join the microfinance institution Soro Yiriwaso in 2007. After two group loans which are repaid, she is on her second individual loan. The first was repaid in full. With this loan, she counts on purchasing a large quantity of necklaces and 20 pairs of shoes. She gets her stock in Bamako and often in Sénégal. She makes her sales in the city of Koutiala to young girls and married women. Sales are made in both cash and credit.
She plans on making a monthly profit of 100,000 FCFA which she will use to repay the loan from Soro Yiriwaso, meet her needs, support her child, and invest the rest in her business.
View original language description ↓
Âgée de 34 ans et mère d’un enfant, Madame Salimata D. (en instance de divorce avec son mari) vit chez ses parents dans le quartier Kouloukoro de la préfecture de Koutiala (troisième région du Mali).
N’ayant pas eu la chance de continuer les études primaires, Salimata n’a pas pris du temps à s’intéresser aux activités génératrices de revenus auprès de sa maman depuis son jeune âge et l’exerce pour elle-même depuis maintenant 11 ans. Son activité principale est la vente des bijoux, chaussures, pagnes et autres articles divers. Elle est très sollicitée et appréciée par les femmes de la ville de Koutiala.
Afin d’augmenter son fonds de commerce et satisfaire sa clientèle en qualité, Madame Salimata décida de rejoindre l’institution de microfinance Soro Yiriwaso en 2007. Après 2 prêts solidaires (prêt de groupe) tous payés correctement, elle est à son 2ème prêt individuel dont le premier fut également correctement remboursé.
Avec ce financement elle compte acheter, une quantité importante de colliers et 20 paires de chaussures. Elle s’approvisionne à Bamako et souvent au Sénégal et effectue sa vente dans la ville de Koutiala à une clientèle composée de jeunes filles et de femmes mariées au comptant et à crédit.
Elle compte sur un bénéfice mensuel de 100.000 FCFA qu’elle envisage utiliser pour le remboursement du prêt de Soro Yiriwaso, satisfaire ses besoins, entretenir son enfant 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
  • 7
    View loans »
    Mali Loans Fundraising
  • $9,897,325
    Funds lent in using Kiva
  • 489.3
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Salimata purchase of necklaces and shoes.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 16, 2010
Listed
Apr 4, 2010
Currency Exchange Loss:
Covered
Ended:
Apr 15, 2011