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Djata
Djata K. is 62 years old, married and the mother of eight children. She lives with her husband and children in a monogamous family in Kaboïla II, a modest district in the town of Sikasso (the third administrative region of Mali).

After having tried several business activities without success, she has decided to go into the restaurant business, and has been doing this for over twenty years now. She has learned this activity from her mother who used to cater food for public ceremonies.

Lacking her own funds to run this business properly, she is seeking a loan from Soro Yiriwaso, with the goal of better satisfying the ever growing demand of her customers.

During the six years of collaboration with Soro Yiriwaso, she has received several joint loans as part of a local women’s association and is now on her eighth individual loan. All previous loans have been duly reimbursed.

With this new loan, she plans to purchase in Sikasso eight bags of rice, four bags of millet, and some food condiments for making sauces. She has an eatery at the new market of Médine Sikasso, and her clients are mainly market vendors, long-distance drivers and passengers.

She anticipates achieving a monthly income of 100,000 West African francs. With the obtained income, she plans to contribute to the family budget, pay off the interest on her loan and reinvest the rest in her business.
View original language description ↓
Djata K. a 62 ans, mariée et mère de 8 enfants. Elle vit chez son époux avec leurs enfants dans une famille monogame à Kaboïla II, un des quartiers populaires de la ville de Sikasso (troisième région administrative de la république du Mali).
Après avoir mené plusieurs activités sans réussite, elle décida de faire de la restauration depuis maintenant plus de vingt ans. Elle appris cette activité auprès de sa mère qui faisait de la restauration lors des cérémonies publiques.
L’insuffisance des ressources propres suffisantes pour bien mener cette activité constitue la justification de ses demandes de prêt au niveau de Soro Yiriwaso afin de mieux satisfaire les besoins de sa clientèle qui ne cesse d’augmenter.
Avec ses six ans de collaboration, elle a obtenu plusieurs prêts solidaires dans une association des femmes de son quartier et est à son huitième prêt individuel. Tous ses prêts précédents ont été correctement remboursés.
Avec ce nouveau prêt, elle compte acheter, 8 sacs de riz, 4 sacs de mil et quelques condiments alimentaires pour les sauces, à Sikasso ville.
Elle dispose d’un restaurant au nouveau marché de Médine Sikasso avec une clientèle constituée pour la plupart de vendeuses, de routiers et de passagers.
Elle envisage réaliser avec un bénéfice mensuel de 100 000 FCFA. Avec ces bénéfices réalisés, elle compte 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
  • 14
    View loans »
    Mali Loans Fundraising
  • $10,173,725
    Funds lent in using Kiva
  • 496.1
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Djata purchasing food for an eatery.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 2, 2010
Listed
May 1, 2010
Currency Exchange Loss:
Covered
Ended:
Nov 15, 2010