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Ami
Ms. Ami Boré, aged 27, is the mother of a young girl.  She resides with her maternal grandparents in Sanoubougou II, a working-class district in Sikasso City (3rd administrative region of the Republic of Mali).  Not having had the chance to advance at school, Ami was introduced to women's hairdressing about eleven years ago.  With such experience in this domain, she is in high demand by young ladies, especially for ceremonies (marriages, baptisms, birthdays, etc.) 

The lack of her own funds for running this business has to do with the goal and justification for her loan request at the micro-finance institution Soro Yiriwaso.  The loan is for doing better in satisfying the needs of her customers, who are ever-increasing.  Ami has had an association with Soro Yiriwaso for over two years and is on her second individual loan after having properly repaid her first one.  She is requesting this second loan to buy two wedding dresses and ten packets of hair extensions of different qualities, in Bamako (capital of Mali). 

Ami envisions using this loan to make an average profit of 100,000 francs CFA, which will enable her to resolve her personal expenses, to help cover family expenses, to pay the loan interest, and to invest the rest in her business.
View original language description ↓
Mademoiselle Ami Boré est âgée de 27 ans et mère d’une petite fille. Elle réside chez ses grands parents maternels à Sanoubougou II, un des quartiers populaires de la ville de Sikasso (troisième région administrative de la République du Mali).
N’ayant pas eu la chance d’avancer aux études, Ami s’est vite initiée à la coiffure féminine depuis environ onze ans.
Avec une telle expérience dans ce domaine, elle est très sollicitée par les jeunes demoiselles surtout lors des cérémonies (mariages, baptêmes, anniversaires, etc.). L’insuffisance des ressources propres pour bien mener cette activité constitue l’objet et la justification de sa demande de prêt à Soro Yiriwaso afin de mieux satisfaire les besoins de sa clientèle qui ne cesse d’augmenter.
Elle est en relation avec Soro Yiriwaso depuis plus de deux ans et est à son deuxième prêt individuel après avoir correctement remboursé le premier.
Elle sollicite ce deuxième prêt pour acheter, 2 robes de mariés, 10 paquets de mèches de différentes qualités à Bamako.
Elle envisage réaliser avec ce deuxième prêt, un bénéfice moyen 100 000 FCFA lui permettant de résoudre ses dépenses personnelles, 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
  • 22
    View loans »
    Mali Loans Fundraising
  • $9,946,875
    Funds lent in using Kiva
  • 532.0
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $475 helped Ami buying various goods.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 13, 2010
Listed
Jun 1, 2010
Currency Exchange Loss:
Covered
Ended:
May 15, 2011