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Mariam
Born on July 18, 1967 in Bamako, Mariam S. is married and the mother of six. She lives with her husband, her husband’s second wife and their children in Sanoubougou I, a working-class district in the city of Sikasso (the third administrative region of the republic of Mali).

Not having had the opportunity to go to school, for social reasons, she started working as a reseller of traditional colorful “pagne wax” fabrics as well as embroidered cloth about ten years ago. She is very sought after by her customers (mainly women) because of the high quality of her wares.

With the goal of better meeting the growing customer demand, she decided to join the Soro Yiriwaso microfinance institution about three years ago and is now on her third loan with this institution. The present loan is requested to purchase 10 sets of the UNIWAX brand “pagnes” fabric, four sets of embroidered fabric, six sets of “pagne wax” and four sets of damask-type “basin” fabric of mid-range quality in Bamako and Bobo Dioulasso (Burkina Faso).

She has a stall at the local market, where she sells her wares for cash and on credit.With this loan, she plans to achieve a monthly income of 150,000 West African Francs, which will be used essentially to bolster her business capital, contribute to the family budget, and pay off the interest on her loan.
View original language description ↓
Née le 18 Juillet 1967 à Bamako, Mariam S. est une femme mariée, mère de six enfants. Elle réside avec son époux, sa coépouse et leurs enfants à Sanoubougou I, un des quartiers populaires de la ville de Sikasso (troisième région administrative de la république du Mali).
N’ayant pas eu la chance d’avancer à l’école pour des raisons sociales, cette dame s’est initiée aux activités de commerce d’achat et de vente de pagne wax et des tissus brodés, il y a plus de dix ans. Elle est beaucoup sollicitée surtout de sa clientèle (composée essentiellement des femmes) pour la qualité de ses articles.
Dans le souci de mieux satisfaire sa clientèle de plus en plus croissante, elle décida d’intégrer l’institution de microfinance Soro Yiriwaso il y a maintenant environ trois ans et avec laquelle institution, elle est à son troisième prêt. Ce présent prêt est ainsi sollicité pour acheter, 10 pièces de pagnes UNIWAX, 4 complets de tissus brodés, 6 pièces de pagne wax et 4 complets de bazin moins riche à Bamako et Bobo Dioulasso (Burkina Faso).
Elle dispose d’une place au niveau de marché de leur quartier où elle vend ses marchandises au comptant et à crédit.
Elle envisage réaliser avec ce prêt un bénéfice mensuel de 150 000 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
  • 27
    View loans »
    Mali Loans Fundraising
  • $10,386,300
    Funds lent in using Kiva
  • 455.7
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $550 helped Mariam to buy traditional African fabrics (embroidered, "pagne wax" and damask-type "bazins").
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 15, 2011
Listed
May 12, 2011
Currency Exchange Loss:
Possible
Ended:
Apr 19, 2012