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Minata Soriba
Minata Soriba C. is a widow, 59 years old, and mother of 4 children. She lives in a traditional family with her children, co-wife, and other relatives in the Bougoufie district of the city of Segou (4th most populous administrative region in the republic of Mali).

Not having attended school for social reasons, she started a small business early on beside her mother who sold condiments. After several years of apprenticeship at her side, she went alone to start a business selling fresh fish. It has now been 30 years and she enjoys a great experience and reputation. The strength of her sales is due to the quality of her fish (large) that is very much appreciated by her customers.

In order to satisfy customer demand, she has been in a relationship with Soro Yiriwaso for the past 24 months. After two small individual loans, both completely repaid, she is on her third individual loan that she plans to use for the purchase of 200 kg of fish. She buys locally. Mrs. Minata Soriba C. sells for cash and for credit to male and female customers.

She expects to make a monthly profit of 100,000 FCFA, which will allow her to repay her loan and feed herself since she is widowed.
View original language description ↓
Minata Soriba C. est une veuve âgée de 59 ans et mère de 4 enfants, qui vit dans une famille traditionnelle avec ses enfants, sa coépouse et d’autres parents au quartier Bougoufiè de la ville de Ségou (quatrième région administrative de la république du Mali).
N’ayant pas fréquenté l’école pour des raisons sociales, elle commença tôt le petit commerce auprès de sa mère qui vendait des condiments alimentaires. Après plusieurs années d’apprentissage à ses cotés, elle évolue seule pour mener le commerce de poissons frais depuis maintenant 30 ans et jouit d’une grande expérience et notoriété. Sa force de vente est due à la qualité de ses poissons (gros) qui sont trop appréciés des clients.
Dans le but de satisfaire sa demande clientèle, elle rentra en relation avec Soro Yiriwaso depuis 24 mois. Après 2 prêts individuels tous correctement bien remboursés, elle est à son 3ème prêt individuel qu’elle compte utiliser pour acheter, 200 kg de poissons. Il s’approvisionne sur place. Madame Minata Soriba C. vend au comptant et à crédit à une clientèle composée d’hommes et de femmes.
Elle compte réaliser un bénéfice mensuel de 100 000 FCFA, qui lui sert à rembourser son prêt et à se nourrir car elle est veuve.

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
  • 12
    View loans »
    Mali Loans Fundraising
  • $10,214,000
    Funds lent in using Kiva
  • 482.8
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,050 helped Minata Soriba purchase of fish.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 10, 2011
Listed
Mar 1, 2011
Currency Exchange Loss:
Possible
Ended:
Mar 22, 2012