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Bintou
A married mother of six, Mrs. Bintou is 46 years old and lives in a nuclear family with her husband and their children in the city of Koutiala. For social reasons, Bintou didn’t have the chance to continue her elementary school studies, and she quickly became interested in earning money. After having failed at several businesses, she ended up opting to sell fruits, vegetables and tubers twelve years ago. She finds that this business generates a lot of money and works really well. In order to satisfy her clientele in quality and quantity by increasing the size of her business, she decided to turn to microfinance institution Soro Yiriwaso seven years ago. After having properly repaid five group loans, she is on her ninth individual loan, and all of her previous loans were repaid without difficulty. With this new loan, she plans to buy baskets of bananas and potatoes. She stocks up at different weekly fairs in villages neighboring Koutiala and in Sikasso, and sells her goods at the grand market of Koutiala to a clientele consisting of women and men, for cash or credit. She foresees earning an average of 150,000 FCFA per month, which she envisions using to repay the Soro loan, paying for family expenses, and investing back into her business.
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Mariée et mère de 6 enfants, Madame Bintou est âgée de 46 ans et vit dans une famille nucléaire avec son époux et leurs enfants dans la ville de Koutiala.
Pour des raisons sociales, Bintou n’a pas eu la chance de continuer les études primaires, elle s’est très vite intéressée aux activités génératrices de revenus. Après avoir mené plusieurs activités sans réussite, elle finit par opter pour la vente des fruits, légumes et tubercules il y a 12 ans. Elle trouve que cette activité lui procure de revenus et que ça marche très bien.
Afin de satisfaire sa clientèle en qualité et en quantité, augmenter la taille de son activité, elle décida de faire recours à l ‘institution de microfinance Soro Yiriwaso il y a 7 ans. Après 5 prêts solidaires (prêt de groupe) tous correctement remboursés, elle est à son 9eme prêt individuel et tous les précédents ont été remboursés sans difficulté.
Avec ce nouveau prêt, elle compte acheter, des paniers de bananes et des paniers de pomme de terre.
Elle s’approvisionne dans les différentes foires hebdomadaires des villages environnants de Koutiala et à Sikasso et effectue sa vente au grand marché de Koutiala à une clientèle constitué de femmes et d’hommes, au comptant et à crédit.
Elle compte réaliser un bénéfice moyen de 150.000FCFA par mois qu’elle envisage utiliser pour le remboursement du prêt de Soro, participer aux dépenses quotidiennes de sa famille et investir le reste dans son activité.

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
  • 9
    View loans »
    Mali Loans Fundraising
  • $10,386,300
    Funds lent in using Kiva
  • 496.4
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $925 helped Bintou to buy bananas and potatoes.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 1, 2012
Listed
Feb 21, 2012
Currency Exchange Loss:
Possible
Ended:
Aug 15, 2012