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Salimata
Salimata is 46 years old and lives with her spouse and 5 children in a traditional family setting in Fakola, the main town of a rural community. Not having had the opportunity to attend school, Salimata quickly became engaged in revenue-generating activities, namely the buying and selling of clothes and wax pagnes (highly colourful and decorative West African clothing). She is highly valued and much sought out in Fakola and the surrounding area.

Salimata is on her first loan which will be used to buy 15 pieces of wax pagnes of varied quality from the wholesalers in Kolondièba and Bamako. She sells her merchandise for cash, door-to-door and at the markets of Fakola and neighbouring communities, to a retail clientele composed of men and women. Salimata hopes to make a monthly profit of 75 000 francs, which she will use to help her husband provide for the family's needs, repay the loan and reinvest in the business.
Agée de 46 ans, Salimata vit avec ses 5 enfants et son époux dans une famille traditionnelle, à Fakola, un chef lieu d’une commune rurale.
N’ayant pas eu la chance d’aller à l’école, Salimata s’est vite intéressée aux activités génératrices de revenus notamment à l’achat vente d’habillements et de pagnes wax. Elle est très appréciée et sollicitée à Fakola et environs
Salimata est à son premier prêt qui sera utilisé pour acheter, 15 pièces de pagnes wax de différentes qualités auprès des grossistes de Kolondièba et de Bamako. Elle effectue ses ventes, au comptant et en détail, à domicile, au marché de Fakola et dans les foires environnantes à une clientèle composée d’hommes et de femmes.
Salimata espère réaliser un bénéfice mensuel de 75.000FCFA qui sera utilisé pour aider son mari à subvenir aux besoins de la famille, rembourser le prêt et réinvestir dans les activités.

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
  • 12
    View loans »
    Mali Loans Fundraising
  • $10,215,175
    Funds lent in using Kiva
  • 501.0
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Salimata to buy pagnes.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Mar 30, 2012
Listed
Apr 11, 2012
Currency Exchange Loss:
Possible
Ended:
Apr 17, 2013