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Awa
Born around 1972, Awa lives with her six children and husband in a traditional extended family in the Rural Commune of Ouelessebougou. She soon became interested in revenue-generating businesses with her aunt, who used to trade in a variety of goods. After years of experience with her, Awa opted to trade in grains: peanuts, black-eyed peas, millet, fonio, corn, dah, etc.

Awa is on her first loan with the microfinance institution Soro Yiriwaso. It will be used to buy 100 sacks of millet from peasant farmers in Sido, Kéléya, and Dalabala, and rarely from local wholesalers. At her home and at the market, she makes her sales retail and in cash to a customer base composed essentially of consumers.

Awa hopes to make a monthly profit of 90,000 francs CFA that will be used to help out her husband in supporting the family, to pay back the loan, and to reinvest in the business.
View original language description ↓
Née vers 1972, Awa vit avec ses 6 enfants et son époux dans une famille traditionnelle élargie dans la commune rurale de Ouelessebougou.
AWA s’est vite intéressée aux activités génératrices de revenus auprès de sa tante qui faisait le commerce d’articles divers. AWA après des années d’expériences avec cette dernière, opta pour l’achat vente de céréales : arachide, niébé, mil, fonio, maïs, dah etc.
AWA est à son premier prêt avec Soro Yiriwaso qui sera utilisé pour acheter, 100 sacs de mil, auprès des paysans producteurs de Sido, Kéléya, Dalabala et quelques rare fois avec les grossistes de la place. Elle effectue ses ventes au comptant, à crédit et en détail, à domicile, dans le marché de Ouelessebougou et dans les foires environnantes à une clientèle composée essentiellement de consommateurs.
AWA espère réaliser un bénéfice mensuel de 90.000FCFA 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
  • 7
    View loans »
    Mali Loans Fundraising
  • $9,897,325
    Funds lent in using Kiva
  • 497.1
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Awa to buy grain.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 16, 2012
Listed
May 1, 2012
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2013