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Fatoumata Yeya
Mrs. Fatoumata Yeya Traoré is 32 years old, married and the mother of four children. She lives with her husband and children as a nuclear family in the Hamdallaye district of Ségou (the fourth administrative region of Mali).

She is educated as a traditional birth attendant, and started her business activity with her mother who used to sell condiments. After several years of learning this business from an early age (parallel to her studies and her regular work), she has amassed solid experience. This is when she decided to launch a solo business selling clothing, shoes and food-grade ice, which she has been doing for two years. Her business is popular and she has a large customer base. Her strength is a large stock of ice.

In order to better satisfy customer demand and increase net profits, she has turned to Soro Yiriwaso. This would be her first individual loan which she plans to use for purchasing a freezer for her home in Ségou. Mrs. Fatoumata Yeya Traoré sells for cash and on credit to a customer based composed mainly of men who are bakers.

She plans to achieve a monthly income of 40,000 West African Francs, which will allow her to take care of some of her needs (clothing, toiletries and medications). Her goal is to be able to build a house to live in.
View original language description ↓
Madame Fatoumata Yeya Traoré est âgée de 32 ans, mariée et mère 4 enfants. Elle vit chez son mari avec ses enfants dans une famille nucléaire au quartier Hamdallaye de Ségou (quatrième région administrative de la république du Mali).
Matrone de formation et de carrière, elle commença le commerce auprès de sa mère qui vendait des condiments. Après plusieurs années d’apprentissage à côté de cette dernière depuis son bas âge (en marge de ses études et de sa profession), elle est nantie d’une forte expérience. Alors elle a décidé d’évoluer en solo en menant des activités génératrices de revenus telles la vente d’habits, de chaussures et de glace alimentaire depuis 2 ans et jouit d’une grande clientèle et notoriété. Sa force de vente est la masse de sa glace qui est grande et grosse.
Dans le dessein de satisfaire sa clientèle en nette croissance, elle a fait recours à Soro Yiriwaso avec qui, elle est à son 1er prêt individuel, qu’elle compte utiliser pour acheter, 1 congélateur sur place à Ségou. Madame Fatoumata Yeya Traoré vend au comptant et à crédit à une clientèle composée essentiellement d’hommes qui sont des boulangers.
Elle envisage réaliser un bénéfice mensuel 40 000 FCFA, ce dernier lui permettra de subvenir à certaines de ses charges (habillement, savons et médicaments).
Son ambition est de construire une maison à usage d’habitation.

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
  • 22
    View loans »
    Mali Loans Fundraising
  • $9,946,875
    Funds lent in using Kiva
  • 495.7
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $325 helped Fatoumata Yeya purchasing a freezer.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 15, 2010
Listed
May 4, 2010
Currency Exchange Loss:
Covered
Ended:
May 15, 2011