Check out other loans that are currently fundraising!
Mah
Born around 1963 in Sikasso, Ms. Mah is married and mother of four children. She lives with her husband and her children in the Wayerema II neighborhood of the city of Sikasso. After operating a few businesses unsuccessfully, she has been in the income-generating business of buying and selling condiments for over 20 years. She enjoys a great reputation at the Wayerema II market where she has a kiosk. In order to better satisfy the demand of an ever-growing clientele, she decided to join the Soro Yiriwaso microfinance organization about five years ago. After four individual loans that were all fully repaid, she is on her fifth individual loan that will enable her to buy 10 buckets of peanut paste, 5 boxes of Maggi, 5 boxes of tomato paste, 10 bags of onions, and 5 boxes of mustard in Sikasso. Ms. Mah sells for cash, retail, and for credit to male and female customers. With this loan, she expects to earn an average monthly profit of 150,000 FCFA that will be used to pay her essential expenses, to contribute to family expenses, and to pay for the interest on her loan. The remaining amount will be invested in her business.
View original language description ↓
Née vers 1963 à Sikasso, Madame Mah est mariée et mère de quatre enfants, elle vit chez son époux avec ses enfants dans le quartier Wayerema II de la ville de Sikasso.
Après avoir mené plusieurs activités sans succès, elle s’est initiée depuis plus de vingt ans à cette activité génératrices de revenus à savoir l’achat et la vente de condiments alimentaires. Elle jouit d’une grande réputation dans son lieu d’achat et vente des condiments au marché de Wayerema II dont elle dispose un kiosque.
Dans le souci de mieux satisfaire sa clientèle qui ne cessait d’accroitre, elle décida de rejoindre l’institution de microfinance Soro Yiriwaso il y a environ 5 ans. Après 4 prêts individuel tous correctement remboursés, elle est à son cinquième prêt individuel qui lui permettra d’acheter, 10 seaux de pâtes d’arachide, 5 cartons magie, 5 cartons concentrée de tomate, 10 sacs d’oignons et 5 cartons de moutarde à Sikasso. Madame Mah vend au comptant, en détail et à crédit à une clientèle composée d’hommes et de femmes.
Avec ce prêt, elle envisage réaliser un bénéfice mensuel de 150 000 FCFA qui sera utiliser pour réaliser l’essentielle de ses dépenses, contribuer aux dépenses familiales, payer les intérêts de son prêt 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
  • 29
    View loans »
    Mali Loans Fundraising
  • $10,710,275
    Funds lent in using Kiva
  • 500.1
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $700 helped Mah to buy condiments.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 30, 2012
Listed
May 1, 2012
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2013