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Salimata
Mrs. Salimata Sangaré is a 43 year old window, and the mother of 4 children. She lives with her children in her late husband's house in the Torakabougou neighborhood of Bougouni.

It was after her husband's death that she decided to take up income-producing activities, in particular, buying and selling "pagnes" (colorful African cloth) in order to meet her needs and those of the children. She learnt the business from her sister. With 6 years of experience, she knows the business well.

To have a steady amount of working capital, she decided to take a loan with Soro Yiriwaso to buy "pagnes." This is her first experience with Soro Yiriwaso. She obtains her supplies in Bamako (capital of the Republic of Mali). Her customers are women. Mrs. Sangaré sells her merchandise in different areas of Bougouni, usually on foot and on credit payable by the day, the week or month. She expects to make a monthly profit of 75,000 CFA francs, and plans to expand her business.
View original language description ↓
Madame Salimata Sangaré est une veuve de 43 ans et mère de 4 enfants. Elle vit avec ses enfants dans la concession de son défunt époux dans le quartier Torakabougou de Bougouni.
C’est suite au décès de son époux , qu’elle décide de mener des activités génératrices de revenus notamment l’achat et la vente des pagnes afin de subvenir à ses besoins et ceux de ses enfants. Elle a appris cette activité auprès de sa sœur. Avec une expérience de 6 ans, elle maitrise son activité.
Pour obtenir un fonds de roulement consistant, elle décide de prendre un prêt avec Soro Yiriwaso pour acheter des pagnes. Elle est à sa première expérience avec Soro Yiriwaso.
Elle s’approvisionne à Bamako (capitale de république du Mali). Sa clientèle est composée de femmes. La vente se fait dans les différents quartiers de Bougouni, généralement en ambulant et à crédit payable journalièrement, hebdomadairement ou mensuellement.
Elle compte réaliser un bénéfice mensuel de 75 000FCFA. Elle envisage 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
  • 26
    View loans »
    Mali Loans Fundraising
  • $10,400,425
    Funds lent in using Kiva
  • 469.6
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $750 helped Salimata to buy "pagnes' (colorful African cloth).
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Mar 15, 2011
Listed
Mar 17, 2011
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2012