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Nana
Mrs. Nana Sidibé, 43 years old, is married and the mother of three children. She lives in a polygamous family with her husband, her children and her husband’s other wives in the Médine district of Bougoni.

Since her parents had no resources, she decided to earn a living by selling clothing. She has learned this line of business from her sister. Now, with over eight years of experience, she excels at what she does. In order to maintain a constant level of working capital, she decided to join the solidarity credit association in her district. After two solidarity loans, she moved on to an individual loan. All previous loans have been duly repaid.

With this loan she plans to purchase outfits at Burkina Faso in order to resell them at her store at the Bougouni market. For the most part, her customers are women. She hopes to achieve a monthly income of 50,000 West African Francs, which she plans to use for repaying the interest on her loan and for growing her business.
View original language description ↓
Madame Nana Sidibé est une femme mariée de 43 ans et mère de 3 enfants. Elle vit dans une famille polygame avec son époux, ses enfants et ses co-épouses dans le quartier Médine de Bougouni.
Suite à la pauvreté de ses parents, elle décida de mener des activités génératrices de revenus notamment l’achat et la vente des habits etc. Elle a appris cette activité à travers une sœur.
Avec une expérience de plus de 8 ans elle maîtrise son activité.
Pour obtenir un fonds de roulement consistant, elle décida d’intégrer une association de crédit solidaire de dans son quartier. Après 2 prêts solidaires, elle est passée au prêt individuel.Tous les prêts précédents ont été correctement remboursés.
Avec ce prêt elle compte acheter, des habits au Burkina et effectuera sa vente au marché de Bougouni dans sa boutique. La plus part de sa clientèle est composée essentiellement des femmes.
Elle espère réaliser un bénéfice mensuel de 50 000 FCFA.
Avec se bénéfice elle compte payer les intérêts du prêt et agrandir son entreprise.

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
  • 9
    View loans »
    Mali Loans Fundraising
  • $10,386,300
    Funds lent in using Kiva
  • 516.8
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $400 helped Nana purchasing clothing.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Aug 14, 2010
Listed
Oct 1, 2010
Currency Exchange Loss:
Covered
Ended:
Mar 15, 2011