Check out some available loans that are similar to this one!
Bintou
Mrs Bintou B. is a 60 year-old married mother of three. She lives with her children and husband in the Torakabougou quarter of Bougouni. After several years at primary school, she was given away in marriage, so she ended her studies and began to sell food condiments for a living - a trade she learned from her mother. She is now highly sought after at the market and her customer base is made up primarily of women.
In order to obtain sufficient working capital to satisfy her customers' demands she decided to work with Soro Yiriwaso in order to purchase a large amount of condiments. She sources her goods from Bamako (the capital of the Republic of Mali), and sells them at the Torakougou market and door to door, through cash sales. This is the first time she has worked with Soro Yiriwaso.
The turnover of her business is high, and she aims to generate an average monthly profit of 40,000 FCFA, which will be used to meet her family's needs and to improve her business.
View original language description ↓
Madame Bintou B. est une femme mariée de 60 ans et mère de 3 enfants. Elle vit avec ses enfants chez son époux dans le quartier Torakabougou de Bougouni.
Après quelques années d’études primaires, elle fut donné en mariage, alors elle arrêta les études et décida de s’intéresser aux activités génératrices de revenus notamment à l’achat et à la vente des condiments alimentaires. Elle a appris cette activité auprès de sa mère. Présentement elle est très sollicitée dans le marché et sa clientèle est composée essentiellement de femmes
Pour obtenir un fonds de roulement consistant afin de satisfaire ses clientes elle décide de collaborer avec Soro Yiriwaso pour acheter, une importante quantité de condiments. Elle s’approvisionne à Bamako (Capitale de la République du Mali). La vente des condiments se fait au marché de Torakabougou et à domicile, en détail et au comptant. Elle est à sa première expérience avec Soro Yiriwaso.
La rotation de son activité est très élevée et elle espère réaliser un bénéfice mensuel de 40 000 FCFA, qui sera utilisé pour assurer certaines dépenses de la famille et améliorer d’avantage 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
  • 36
    View loans »
    Mali Loans Fundraising
  • $10,710,275
    Funds lent in using Kiva
  • 455.3
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $350 helped Bintou to purchase condiments.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 12, 2011
Listed
Apr 12, 2011
Currency Exchange Loss:
Possible
Ended:
May 23, 2012