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Diarrah
Diarrah is 56 years old. She lives in a large family in the Lafiala district of the city of Koutiala. She was not given the opportunity to attend school, which explains her commitment to commercial activities.

After conducting several activities without much success, she now opted for the retail trading of saltwater fish. Saltwater fish are the most popular because they are more affordable than freshwater fish.

To increase her turnover, she decided to join the Soro Yiriwaso micro-finance institution years ago. After six solidarity loans (group loans) all reimbursed without difficulty or delay, she is on her first individual loan.

With this loan she will buy a hundred cartons of fish (for storage, in order to overcome the problem of shortage of stock which is common among providers in the community). She makes her roadside sales on the outskirts of the city of Koutiala to a clientèle composed of women and men, for cash and credit.

She expects to make profits of 90.000 FCFA per month. She will use it to pay loan interests to Soro Yiriwaso, support herself and invest the rest in her business activity. She always depends on funding from Soro Yiriwaso to expand and diversify her business activity..
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Diarrah est âgée de 56 ans, elle vit dans une grande famille au quartier Lafiala de la ville de koutiala. Elle n’a pa eu la chance d’aller à l’école, d’où son attachement aux activités commerciales. Après avoir mené plusieurs activités sans grande réussite, présentement elle opta pour l’achat-vente de poissons de mer. Les poissons de mer sont les plus prisés car son coût est abordable par rapport aux poissons d’eau douce.
Pour pouvoir augmenter son chiffre d’affaire, elle décida de rejoindre l‘institution de microfinance Soro Yiriwaso il y a des années. Après avoir pris 6 prêts solidaires ( prêt de groupe ) tous remboursés sans difficulté ni retard, elle est à son 1er prêt en individuel. Avec ce prêt elle compte acheter une centaine de cartons de poissons, (pour stocker afin de pallier le problème de rupture de stock qui est fréquent chez les fournisseurs de la localité). Elle effectue sa vente aux abords du goudron dans la ville de Koutiala à une clientèle composée de femmes et d’hommes au comptant et à crédit.
Elle compte réaliser un profit de 90.000FCFA par mois, qu’elle utilisera pour le remboursement des intérêts de Soro Yiriwaso, subvenir à ses besoins et investir le reste dans son activité.
Elle compte toujours sur les financements de Soro Yiriwaso pour l’agrandissement et la diversification de 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
  • 154
    View loans »
    Mali Loans Fundraising
  • $11,272,850
    Funds lent in using Kiva
  • 496.8
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $525 helped Diarrah buy saltwater fish.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 26, 2012
Listed
May 1, 2012
Currency Exchange Loss:
Possible
Ended:
May 17, 2013