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Mariam
Mariam is 40 years old, married and the mother of 6 children. She lives in a nuclear family in the Secoura district of Ségou town. She has no formal education but instead started working at a very young age selling cereals at her mother's side at the weekly market in Konodimini. After several years apprenticeship with her mother, she started her own business in the same sector. She has been selling cereals for 15 years and has extensive experience in this line of work. Her high sales volume is due to her good understanding of how the sector works. She sells her merchandise for cash to a clientèle mainly made up of women.

Mariam is requesting this new loan in order to be able keep up with customer demand and increase her profits. She has been with Soro Yiriwaso for 66 months and has already fully repaid 5 previous group loans and 3 individual ones. She is on her 4th individual loan which she plans to use to buy 1 ton of millet. She gets her supplies in Konodimini.

Mariam sells her merchandise to her customers for cash or credit. With this loan, she anticipates being able to earn a monthly profit of 60 000 FCFA. The profits from her business will allow her to repay this loan and diversify her business activities and take up sheep-fattening.
Madame Mariam est âgée de 40 ans, mariée et mère de 6 enfants. Elle vit dans une famille nucléaire au quartier Secoura de la ville de Ségou. N’ayant pas fréquenté l’école, très tôt il embrassa le commerce de céréale auprès de sa maman qui vendait à la foire hebdomadaire de Konodimini. Après plusieurs années d’apprentissage au côté de sa maman, elle évolua seule pour faire la même activité. Elle mène cette activité depuis 15 ans et jouit d’une grande expérience. Sa force de vente est due à la maîtrise du rouage de ce secteur d’activité. elle vend sa marchandise au comptant à une clientèle composée majoritairement de femme.
Dans le souci de faire face à la demande clientèle et de faire plus de bénéfice, elle sollicite ce nouveau prêt. Elle est en relation avec Soro Yiriwaso depuis 66 mois, après 5 prêts solidaire et 3 prêts individuels tous bien remboursés. Elle est à son 4ème prêt individuel qu’elle compte utiliser pour acheter, 1 tonne de mil. Elle s’approvisionne à Konodimini.
Madame Mariam vend au comptant et à crédit à sa clientèle. Avec ce prêt elle envisage de réaliser un bénéfice mensuel de 60 000FCFA. Ce bénéfice lui permettra de rembourser le prêt et de diversifier ses activités en menant l’embouche ovine.

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
  • 13
    View loans »
    Mali Loans Fundraising
  • $10,177,025
    Funds lent in using Kiva
  • 498.7
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Mariam to buy millet.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 8, 2012
Listed
Feb 15, 2012
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2013