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Born on March 15,1976 in Bamako, Madame Korotoumou is married and the mother of four children. She lives with her husband and children in the Darsalam II neighborhood of the town of Koutiala (Sikasso Region). Due to family problems, she left school early to get into money-earning ventures, particularly buying and selling cloth, "wax"-style African print cloth, embroidered cloth and so on for 18 years, working with her mother. She is well known as she receives orders through women's associations to mark ceremonies and especially at the holiday season.

In order to satisfy the needs of her ever growing clientele, she decided to join the Microfinance Institution Soro Yiriwaso. She is on her first individual loan.

With this loan she expects to buy 10 lengths of "wax" cloth, as well as various other sorts of cloth, in Bamako. She works as a itinerant salesperson, making her sales in various professional circles in Koutiala and out of her home, to a clientele made up of women and men, for cash and on credit.

She expects to make a monthly profit of 80,000 F CFA which she intends to use to reimburse Soro Yiriwaso's interest, to support her family, expanding her business with any remainder.

Very ambitious, Madame Korotoumou would like in future to open up a little shop to sell cloth and other items in the big open-air market of Koutiala.
View original language description ↓
Née le 15- 03 -1976 à Bamako, Madame Korotoumou est mariée et mère de 4 enfants. Elle vit avec son mari et ses enfants dans le quartier Darsalam II de la ville de Koutiala (Région de Sikasso). Dû à des problèmes de famille, elle a prématurément abandonnée l’école pour s’adonner aux activités génératrices de revenus notamment à l’achat vente de tissus, pagnes wax, brodés et autres depuis 18 ans auprès de sa maman. Sa notoriété est bonne car elle reçoit des commandes à travers des associations féminines lors des cérémonies et surtout à l’approche des fêtes.
Pour satisfaire sa clientèle de plus en plus importante, elle décida de rejoindre l’institution de microfinance Soro Yiriwaso. Elle est à son premier prêt individuel.
Elle compte acheter avec ce prêt, 10 pièces de pagnes wax et diverses autres sortes de tissus à Bamako. Korotoumou est ambulante et effectue sa vente dans les différentes structures professionnelles de Koutiala et à son domicile, à une clientèle constituée de femmes et d’hommes, au comptant et à crédit.
Elle compte sur un bénéfice mensuel de 80.000FCFA qu’elle envisage utiliser pour le remboursement des taux d’intérêts de Soro Yiriwaso, subvenir aux besoins familiaux et élargir son activité avec le reste.
Très ambitieuse, Madame Korotoumou a pour perspective d’ouvrir une boutique de vente de tissus et d’autres produits au grand marché de Koutiala.

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
  • 29
    View loans »
    Mali Loans Fundraising
  • $10,710,275
    Funds lent in using Kiva
  • 462.4
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $550 helped Korotoumou to buy lengths of African cloth for resale.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
May 20, 2011
May 28, 2011
Currency Exchange Loss:
Feb 15, 2012