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Fatoumata
Born on September 17, 1982 in Sikasso, Ms. Fatoumata B. is a divorced mother of two boys living in a large traditional family in Médine-Sikasso (3rd administrative region of the Republic of Mali). After having run many businesses unsuccessfully, she became familiar with this grocery business over five years ago. She operates in front of her home in Médine Sikasso, where she is much in demand by her customers.

To satisfy her burgeoning customer base, Fatoumata decided to rejoin the micro-finance institution Soro Yiriwaso about two years ago. She has benefited from two loans, which have been repaid successfully.

And so, she is requesting a third loan to enable her to buy goods from her suppliers from Sikasso but also from Bamako: 40 cases of BRAMALI beverages, 50 packs of NBB beverages, 70 boxes of mineral water, 8 boxes of Candia milk, 30 boxes of canned beverages of various sorts (Malta, Vimto, Ivorio, etc), 15 packs of mineral water in sachets, a few boxes of cookies of various sorts, etc.

With this loan, Fatoumata envisions making a monthly profit of 300,00 francs CFA that will be used essentially to increase her working capital, to help with family expenses, and to pay the loan interest.
View original language description ↓
Née le 17 septembre 1982 à Sikasso, Fatoumata B. est divorcée et mère de deux garçons vivant dans une grande traditionnelle à Médine-Sikasso (troisième région administrative de la république du Mali).
Après avoir mené beaucoup d’activité sans succès, Fatoumata B. s’est initiée à cette activité d’alimentation depuis plus de cinq ans. Elle mène son activité devant son domicile à Médine Sikasso où elle est beaucoup sollicitée de sa clientèle.
Pour satisfaire sa clientèle de plus en plus croissante, elle décida de rejoindre l’institution de microfinance Soro Yiriwaso il y a environ deux ans. Elle a bénéficié deux prêts qui ont été remboursés avec succès.
Ainsi, elle sollicite un troisième prêt pour lui permettre d’acheter auprès de ses fournisseurs de Sikasso mais aussi de Bamako, 40 casiers de boisson BRAMALI, 50 paquets de boisson NBB, 70 cartons d’eau minérale, 8 cartons de lait Candia, 30 cartons de boisson en canette de différentes sortes (Malta, Vimto, Ivorio, etc), 15 paquets d’eau minérale en sachets, des cartons de biscuits de qualités différentes, etc.
Avec ce prêt, elle envisage réaliser un bénéfice mensuel de 300 000 FCFA qui sera utilisé essentiellement pour augmenter son fonds de commerce, contribuer aux dépenses familiales et payer les intérêts de son prêt.

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
  • 21
    View loans »
    Mali Loans Fundraising
  • $10,738,725
    Funds lent in using Kiva
  • 482.7
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,050 helped Fatoumata buying various grocery items.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 2, 2011
Listed
Mar 1, 2011
Currency Exchange Loss:
Possible
Ended:
Sep 15, 2011