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Nanou
Mrs. Nanou Koné is 54 years old, married and the mother of five children. She lvies in a polygamous family with her husband, her husband’s other wife and their children in the Kouloukoro district of the town of Koutiala.

Mrs. Nanou Koné has not attended school (victim of an age when parents wouldn’t allow their daughters to go to school). Nanou quickly developed an interest in earning a living and learned her trade from her mother. She is purchasing and reselling sounbala (a food condiment very popular in West Africa) for over 30 years. Her business is very popular with customers, and she can sell over 20 boxes per month.

In order to increate her working capital so as to expend her business and meet her clients’ needs, 6 years ago Mrs. Nanou decided to join Soro Yiriwaso. She had taken out three group loans (solidarity loans), all duly repaid; she is now on her 6th individual loan, having repaid the previous five without any issues.

With this new loan, she plans to purchase ten big baskets of sounbala from village sellers at the big weekly marked at the town of Koutiala. She sells in Bamako, to a coustomer based composed essentially of women, for cash.

She plans to achieve a monthly income of 125,000 West African Francs, which she intends to use for repaying her loan and contributing to improving the life conditions of her family.
View original language description ↓
Madame Nanou Koné est âgée de 54 ans, mariée et mère de 5 enfants. Elle vit dans une famille polygame avec son époux, sa coépouse et leurs enfants dans le quartier Kouloukoro de la ville de Koutiala.
Madame Nanou Koné n’a pas fréquenté l’école (victime de l’époque où les filles n’avaient pas l’assentiment des parents d’aller à l’école). Nanou s’est vite intéressée aux activités génératrices de revenus en l’occurrence le commerce qu’elle appris auprès de sa maman. Elle s’est spécialisée dans l’achat vente du Sounbala (un condiment alimentaire très prisé en Afrique de l’Ouest) depuis plus de 30 ans. Elle est très sollicitée par sa clientèle et peut vendre plus de 20 cartons dans le mois.
Pour augmenter son fonds de commerce afin d’élargir son activité et satisfaire sa clientèle, Madame Nanou a décidé d’intégrer Soro Yiriwaso depuis 6 ans. Elle a pris 3 prêts de groupe (prêt solidaire ) tous remboursés correctement et elle est à son 6 eme prêt individuel dont les cinq précédents ont été payés sans difficulté.
Avec ce nouveau prêt, elle compte acheter 10 gros paniers de Sounbala avec des villageoises lors des foires hebdomadaires de la ville de Koutiala. Elle vend à Bamako à une clientèle constituée essentiellement de femmes et au comptant.
Elle compte sur un bénéfice mensuel de 125.000FCFA qu’elle envisage utiliser pour le remboursement du prêt et contribuer à l’amélioration des conditions de vie de sa famille.

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
  • 26
    View loans »
    Mali Loans Fundraising
  • $9,944,875
    Funds lent in using Kiva
  • 471.5
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,075 helped Nanou purchasing sounbala, a traditional condiment.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 17, 2010
Listed
Oct 8, 2010
Currency Exchange Loss:
Covered
Ended:
Sep 15, 2011