Check out some available loans that are similar to this one!
Sitan
Ms. Sitan is a married woman who is 35 years old and childless. She lives with her husband in the North Heremakono district of Bougouni. Not having attended school, she quickly started an income-generating business. Before her current business of selling cereals, she sold condiments at the Bougouni market. That business was not successful. For this reason, she started to work with her husband at buying and selling cereals. With six years of experience, she has mastered her business and is very popular and sought-after. After considering for a long time, she decided to take a loan with Soro Yiriwaso to buy two tons of corn and 10 bags of millet. She sources in Manankoro and Gueya and resells at the Bougouni market and sometimes also in Bamako. She is on her first loan with Soro Yiriwaso. Ms. Sitan expects to earn a monthly profit of 90,000 FCFA. With her profits, she plans to expand her business.
View original language description ↓
Madame Sitan est une femme mariées de 35 et sans enfant. Elle réside chez son époux dans le quartier Hérémakono Nord de Bougouni.
N’ayant pas fréquentée l’école moderne très vite elle commence les activités génératrices de revenus. Avant de mener cette activité de vente de céréales madame Sitan vendait des condiments dans le marché de Bougouni. Cette activité ne lui est pas réussit. C’est ainsi qu’elle décide d’accompagner son mari dans domaine d’achat et la vente de céréales
Avec une expérience de 6 années, elle maîtrise son activité et est très appréciée et sollicitée.
De ce fait après une très longue réflexion elle décide de prendre un prêt avec Soro Yiriwaso pour acheter 2 tonnes de maïs et 10 sacs de mil. Elle s’approvisionne à Manankoro et Gueya et la vente se fait dans le marché de Bougouni et parfois à Bamako.
Elle est à sa première expérience avec Soro Yiriwaso.
Madame Sitan envisage de réaliser un bénéfice mensuel de 90 000 FCFA.
Avec ce bénéfice elle envisage agrandir son entreprise..

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
  • 13
    View loans »
    Mali Loans Fundraising
  • $10,308,425
    Funds lent in using Kiva
  • 495.4
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Sitan to buy cereals.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Apr 26, 2012
Listed
May 1, 2012
Currency Exchange Loss:
Possible
Ended:
Nov 15, 2012