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Mrs. Sétou is 64 years old, a widow, and the mother of eight. She lives with her children and grandchildren in the Sébougou district of Ségou (the fourth administrative region of Mali).A nurse by training and profession, after her retirement, she continues to teach in a nursing school, and also works as a vendor. She has been doing this for 12 years. She has a lot of experience and is well-known. Her strength is in being able to reach out to her target customers, mostly students and medical personnel.

With the goal of continuing to meet the growing customer demand, she is seeking this new loan. She has been with Soro Yiriwaso for 54 months; after three solidarity loans and three individual loans, all duly repaid, she is now on her 4th individual loan. She plans to use it to buy 70 sets of bed linens. She stock ups in Burkina Faso and sells for cash and on credit to a customer base composed mainly of women. With this loan, she plans to achieve a monthly income of 75,000 West African Francs, which will allow her to repay her loan, maintain her business and cover some of her expenses.
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Madame Sétou est âgée de 64 ans, veuve et mère de 8 enfants. Elle vit avec ses enfants et petits enfants au quartier Sébougou de Ségou (quatrième région administrative de la république du Mali).
Infirmière de formation et de profession, après sa retraite, elle continue les activités en enseignant aujourd’hui dans une école de formation d’infirmier, et en faisant le petit commerce. Elle le mène depuis 12 ans. Elle jouit d’une grande expérience et notoriété, sa force de vente est due au ciblage de sa clientèle qui est composée majoritairement d’étudiants et personnels médicaux.
Dans le souci de toujours satisfaire sa clientèle de plus en plus grandissante, elle sollicite ce nouveau prêt. Elle est en relation avec Soro Yiriwaso, depuis 54 mois, après 3 prêts solidaires et 3 prêts individuels tous correctement remboursés, elle est à son 4ème prêt individuel. Elle compte l’utiliser pour acheter, 70 complets de lit draps. Elle s’approvisionne au Burkina Faso et effectue sa vente au comptant et à crédit à une clientèle composée majoritairement de femmes.
Avec ce prêt elle compte réaliser un bénéfice mensuel de 75 000 FCFA, qui lui permettra de rembourser son prêt, de continuer son activité et de satisfaire certaine de ses charges.

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

  • $1,100
    Average annual income
  • 5
    View loans »
    Mali Loans Fundraising
  • $11,609,175
    Funds lent in using Kiva
  • 459.7
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD