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Mariam
Mariam is 56 years old, married, and mother of eight children. She lives in a polygamous family in the city of Koutiala.

Due to family problems, Mariam was not able to continue her primary school studies. That is why she quickly fell back on income-generating activities by learning how to knit wool. She has been excelling in this business of knitting and selling wool, which she learned from catholic nuns, for 15 years now. She currently works at home, and she has a good reputation because she receives many orders for mats, scarves, and baby clothes each month.

To ensure that her customers are well satisfied, Miriam did not hesitate in deciding to join the institution, Soro Yiriwaso, four years ago. After five solidarity loans (group loans) and two individual loans that were all correctly repaid, she is now on her third loan.

She stocks up in Koutiala and plans to buy three boxes of wool from retail sellers. She sells her wares for cash or credit in the city of Koutiala to a customer base made up of women. She expects to earn a monthly profit of 100,000 FCFA, which she plans to use to pay back the interest on the loan and contribute to covering her family's daily expenses. She counts on financing from Soro Yiriwaso.
View original language description ↓
Madame Mariam a 56 ans, mariée et mère de 8 enfants, elle vit dans une famille polygame dans la ville de koutiala.
Dû à des problèmes de famille, Mariam n’as pas pu continuer les études primaires raisons pour laquelle elle s’est vite rabattue sur les activités génératrices de revenus en apprenant le tricotage de la laine. Elle excelle dans cette activité de tricotage et vente de laine depuis 15 ans qu’elle a appris auprès des sœurs catholiques. Actuellement elle exerce à son domicile et sa notoriété est bonne car elle reçoit beaucoup de commandes de napperon, écharpe et layette dans le mois.
Pour la bonne satisfaction de ses clients, Mariam n’as pas pris du temps pour rejoindre l’institution Soro Yiriwaso depuis maintenant 4 ans. Après 5 prêts solidaires (prêts de groupe) et 2 prêts individuels tous remboursés correctement, elle est à sont 3 eme prêt.
Elle s’approvisionne à Koutiala et compte acheter 3 cartons de laine auprès des commerçants détaillants. Elle vend ses articles dans la ville de Koutiala à une clientèle constituée de femmes à crédit et au comptant. Elle compte réaliser un bénéfice de 100.000FCFA par mois qu’elle envisage utiliser pour rembourser les intérêts du prêt et participer aux dépenses quotidiennes de sa famille, elle compte sur les financements de Soro Yiriwaso.

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
  • $10,910,925
    Funds lent in using Kiva
  • 503.5
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Mariam to buy wool.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Mar 7, 2012
Listed
Mar 17, 2012
Currency Exchange Loss:
Possible
Ended:
Apr 17, 2013