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Bah Oumou
Ms. Bah Oumou is 48 years old, married, and the mother of eight children, including five boys and three girls. She resides with her husband and six of their children in Hamdallaye Extension, a working-class district in Sikasso City (3rd administrative region of the Republic of Mali). Not having had the chance to advance in school due to societal reasons, she soon became introduced to dyeing cloth and selling damask fabrics. She learned to dye cloth over twenty years ago from her older [sister]. She is in high demand, especially by her customers (essentially comprising travelers, bus drivers, truckers, etc.), for the quality of her products.

Concerned about further satisfying her burgeoning customer base, Bah Oumou decided to join the micro-finance institution Soro Yiriwaso about six years ago. She is now on her sixth individual loan. All the previous loans have been properly repaid.

This sixth loan will enable her to buy 3 lengths of white “Riche Hollandais” damask, 15 containers of dyes of various colors, 15 packets of caustic soda, etc. She gets her supplies in Bamako and also in Sikasso from major merchants. She puts the fabrics into the dye, and so she sells them, for cash on special order.

With this loan, she envisions making a monthly profit of 200,000 francs CFA that will be used essentially to increase her working capital, to help cover family expenses, and to pay the interest on the loan.
View original language description ↓
Madame Bah Oumou a 48 ans, mariée et mère de huit enfants dont cinq garçons et trois filles. Elle réside avec son époux et six de leurs enfants à Hamdallaye Extension, 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, elle s’est vite initiée aux activités de teinture et vente de bazins qu’elle a appris depuis plus de vingt années auprès de sa grande. Elle est beaucoup sollicitée surtout de sa clientèle (composée essentiellement de voyageurs et de routiers) pour la qualité de ses produits.
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 environ six années. Elle est présentement à son sixième prêt individuel, tous les prêts précédents ont été correctement remboursés.
Ce sixième prêt lui permettra d’acheter 3 pièces de bazins blancs “Riche Hollandais”, 15 boîtes de teintures de couleurs différentes, 15 paquets de soudes caustiques etc. Elle s’approvisionne à Bamako et aussi à Sikasso auprès des grands commerçants avant de les mettre dans la teinture pour ensuite les vendre au comptant et sur commande.
Elle envisage réaliser avec ce prêt un bénéfice mensuel de 200 000 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
  • 84
    View loans »
    Mali Loans Fundraising
  • $10,874,800
    Funds lent in using Kiva
  • 454.9
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $900 helped Bah Oumou to buy damask cloth, caustic soda, dyes, etc.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
May 19, 2011
Listed
Jun 2, 2011
Currency Exchange Loss:
Possible
Ended:
May 4, 2012