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Bibata
Mrs. Bibata S. is married and the mother of one child (a girl). She was born 30 September 1981 in Kaï, a rural community in the Loulouni sub-prefecture, part of the Kadiolo Prefecture, in the 3rd administrative region of Mali. She lives in a monogamous family with her husband and her child in Kaï.

She is a nurse’s aide in Kaï and has also retailed grain cereals for the past five years. Her past experience in the trading of grain cereals ensures her current success in this activity.

This is her first collaboration with the Soro Yiriwaso MFI, and she intends to maintain the relationhip to satisfy her numerous customers whose requests are steadily increasing.

With her loan she will buy two tons of corn. She gets her supplies from Kaï and the surrounding area, and also from the Loulouni market on market fair days. She sells wholesale and retail (cash or credit) to both men and women customers.

She expects to reach a monthly income of 60,000 FCFA which for the most part will be used to increase her working capital. Her ambition is to become a wholesaler and own a large warehouse.
View original language description ↓
Madame Bibata S. est mariée mère de 1 enfant (1 fille). Elle est née le 30 Septembre 1981 à Kaï, une commune rurale de la sous préfecture de Loulouni, préfecture de Kadiolo, 3eme région administrative du Mali. Elle vit dans une famille monogame avec son époux et leurs enfants à Kaï.
Elle est aide soignante à Kaï et fait le commerce de céréales depuis 5 ans. Avec son expérience dans le commerce de céréales, elle le mène aujourd’hui avec réussite.
Elle est à sa première collaboration avec l’institution de microfinance Soro Yiriwaso et compte maintenir cette collaboration pour satisfaire ses nombreux clients dont les demandes ne cessent d’augmenter.
Elle compte acheter avec son prêt, 2 tonnes de maïs. Elle s’approvisionne à Kaï et environnants, aussi au marché de Loulouni les jours de foire. Elle vend en gros et en détail (au comptant ou à crédit) à une clientèle composée d’hommes et de femmes.
Il envisage réaliser un bénéfice mensuel de 60.000FCFA qui sera utilisé en grande partie pour augmenter le fonds de commerce.
Elle ambitionne d’être une grossiste en ayant un grand magasin de stockage.

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
  • 42
    View loans »
    Mali Loans Fundraising
  • $10,429,550
    Funds lent in using Kiva
  • 492.2
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Bibata buy grain cereals.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Mar 25, 2010
Listed
Apr 9, 2010
Currency Exchange Loss:
Covered
Ended:
Nov 15, 2010