Check out some available loans that are similar to this one!
Massitan
Ms. Massitan is 46 years old, married, and has four children. She lives in a nuclear family with her husband and children in the Attbougou area of Ségou (the fourth administrative region of the Republic of Mali).
Not having attended school for societal reasons, Massitan instead attended Koranic school, and very early on began selling goods with her parents. After several years of training alongside them, she finished by starting her own business, choosing to sell clothes and shoes. She has run this business for 15 years now and has extensive experience and a large clientele. Her strength in sales is due to the quality of her items, which are imported.
With the hope of meeting her customers' demands, she turned to Soro Yiriwaso and has been working with this institution for 60 months. After 4 group loans and 3 individual loans, all repaid properly, she is on her 4th individual loan, which she intends to use to buy 1 bale of pagnes wax (brightly-printed West African clothing) and 4 dozen shoes. She gets her supplies in Burkina Faso and Togo. Massitan sells her goods in cash and on credit to a clientele composed of women and men. She foresees realizing a monthly profit of 100,000 FCFA, which will allow her to repay her loan, participate in local events, and help her husband provide for the family.
Madame Massitan est âgée de 46 ans, mariée et mère de 4 enfants. Elle vit dans une famille nucléaire avec son mari et ses enfants au quartier Attbougou de Ségou (quatrième région administrative de la république du Mali).
N’ayant pas fréquenté l’école pour des raisons sociales, Massitan qui fréquenta plutôt l’école coranique, commença très tôt le commerce auprès de ses parents. Après plusieurs années d’apprentissage à leurs côtés, elle finit par évoluer seule en optant pour le commerce d’habits et de chaussures. Elle mène cette activité depuis maintenant 15 ans et jouit d’une grande expérience et clientèle. Sa force de vente est due à la qualité de ses articles qui sont des importations.
Dans le souci de faire de face à la demande clientèle, elle a fait recours à Soro Yiriwaso, elle est en relation avec cette dernière depuis 60 mois. Après 4 prêts solidaires et 3 prêts individuels tous correctement remboursés, elle est à son 4ème prêt individuel qu’elle compte utiliser pour acheter, 1 balle de pagnes wax et 4 douzaines de chaussures. Elle s’approvisionne au Burkina Faso et au Togo. Massitan vend au comptant et à crédit à une clientèle composée de femmes et d’hommes. Elle envisage réaliser un bénéfice mensuel 100 000 FCFA, ce dernier lui permet de rembourser son prêt, de participer à des événements sociaux et d’aider son mari dans la prise en charge des dépenses familiales.

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
  • 23
    View loans »
    Mali Loans Fundraising
  • $9,945,750
    Funds lent in using Kiva
  • 457.5
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,100 helped Massitan to buy pagnes wax (brightly-printed West African clothing) and shoes.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 9, 2011
Listed
Aug 1, 2011
Currency Exchange Loss:
Possible
Ended:
Jul 15, 2012