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Assitan
Madame Assitan is 31 years old, married and the mother of two children. She lives with her husband in the military camp in Ségou (fourth administrative region of the Republic of Mali).

Assitan didn't have the opportunity to attend school for social reasons (she was adopted by her grandparents who saw school as a waste of time for young girls). She says that all she knows in life is commerce which she learned on her own. She is now well known in her field and has a lot of experience. She is very shrewd and knows how to keep her customers.

With the aim of increasing her working capital in order to make more profits, Assitan has turned to Soro Yiriwaso. She has been working with the institution for 69 months. She has taken out eight group loans and three individual loans which have all been repaid correctly. This is her fourth individual loan and she will use it to buy 5 tons of millet. She stocks up on site from local producers.

Assitan sells mainly for cash to re-sellers who come from large towns such as Bamako.

With this loan, Assitan intends to make a monthly profit of 150,000 francs. These profits will allow her to cover her own needs and to take part in social events (marriages, baptisms, etc.) Her goal is to buy an empty plot of land on which to build a house.
View original language description ↓
Madame Assitan est âgée de 31 ans, mariée et mère de 2 enfants. Elle vit chez son mari au camp militaire de Ségou (quatrième région administrative de la république du Mali).
Assitan n’a pas eu la chance de fréquenter l’école pour des raisons sociales (adoptée par ses grands parents ceux ci voyaient l’école une porte de déperdition des jeunes filles). D’après elle même, tout ce qu’elle connaît dans la vie c’est le commerce, qu’elle apprit seule, elle jouit d’une grande notoriété et expérience dans le domaine, très astucieuse elle sait comment garder ses clients.
Dans le dessein d’augmenter son fonds de commerce afin de réaliser plus de bénéfices, elle a fait recours à Soro Yiriwaso. Elle est en relation avec cette dernière depuis 69 mois, après 8 prêts solidaires et 3 prêts individuels tous bien remboursés. Elle est à son 4ème prêt individuel qu’elle compte utiliser pour acheter, 5 tonnes de mil. Elle s’approvisionne sur place auprès des paysans producteurs.
Madame Assitan vend essentiellement au comptant à des revendeurs venant des grandes villes telles Bamako.
Avec ce prêt, elle envisage de réaliser un bénéfice mensuel de 150. 000FCFA. Ce bénéfice lui permettra de satisfaire ses propres besoins et de participer à des événements sociaux (mariages, baptêmes etc.). Son ambition est d’acheter un terrain nu à usage d’habitation.

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
  • 524.0
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $975 helped Assitan to buy millet.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 15, 2012
Listed
Aug 1, 2012
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2013