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Kadia
Mrs. Kadia S. is 39 years old. She lives with her husband and four children in Kaboila I Natien, in the center of the city of Sikasso (the third administrative region of Mali). After having tried many business activities without success, over 15 years ago Mrs. Kadia S. decided to start cooking food for sale. She sells by their family home, in front of the former Regional Office for Social Affairs, every day. Her business is very popular with customers because of the high quality of her products.

In order to meet the growing customer demand, over four years ago she decided to turn ot the Soro Yiriwaso microfinance institution. After several solidarity loans (group loans) under the auspices of the local women’s association, she is now on her 11th individual loan. All her prior loans have been duly repaid.

With this 11th loan, she plans to buy five bags of potatoes, five packs of “Maggi” bouillon cubes, three jugs of vinegars, 40 packs of “attieke” (a traditional manioc-based dish), 35 kg of beef, 50 kg of fresh fish, five liters of vegetable oil, three bags of charcoal, bread loaves, plantains etc. She buys her wares locally and sells for cash and on credit to a customer base composed generally of young (unmarried) people, mostly vendors, as she is based near the area where cereal warehouses are located. She plans to achieve a monthly income of 300,000 West African Francs, which will be used mainly for covering family expenses and paying the interest on her loan, with the rest reinvested in her business.
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Madame Kadia S. a 39 ans et vit avec son époux et ses 4 enfants à Kaboila I Natien, le centre ville de Sikasso (troisième région administrative de la république du Mali).
Madame Kadia S. après avoir mené beaucoup d’activités sans succès, s’est initiée aux activités de restauration et cela depuis plus de quinze ans. Elle mène son activité devant le domicile conjugal en face de l’ancienne Direction Régionale des Affaires Sociales, tous les jours, où elle est beaucoup sollicitée de sa clientèle pour la qualité de ses produits.
Pour satisfaire sa clientèle de plus en plus croissante, elle décida de rejoindre l’institution de microfinance Soro Yiriwaso depuis plus de quatre ans. Après plusieurs prêts solidaires (prêt de groupe) dans une association des femmes de son quartier, elle est à son 11ème prêt individuel, tous ses prêts précédents ont été correctement remboursés.
Avec ce onzième prêt, elle compte acheter, 5 sacs de pomme de terre, 5 paquets de cube maggi, 3 bidons de vinaigre, 40 sachets d’Attièkè, 35kg de viande de bœuf, 50kg de poissons frais, 5 litres d’huile alimentaire, 3 sacs de charbon de bois, des miches de pain, des bananes plantain (Aloko), etc. Elle achète ses marchandises sur place et effectue ses ventes au comptant et à crédit à une clientèle composée très généralement des jeunes (célibataires) surtout d'employers de commerce puisque sa place n’est pas loin du marché où il se trouve des magasins de stock de céréales.
Elle envisage réaliser un bénéfice mensuel de 300 000 FCFA qui sera utilisé essentiellement pour les dépenses familiales, payer les intérêts de son prêt et investir le reste dans son activité.

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
  • 19
    View loans »
    Mali Loans Fundraising
  • $10,748,325
    Funds lent in using Kiva
  • 455.7
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,100 helped Kadia to purchase ingredients for her food-serving business.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 15, 2011
Listed
May 11, 2011
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2011