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Madoussou
Madoussou is 38 years of age and works as a court clerk. She is divorced, and lives with her child in the town of Kolondièba. She quickly became interested in profit-making activities, particularly the purchase and sale of clothing, wax-coated “pagnes” (traditional wrap-around cloth) and shoes. She is appreciated and much sought-after in Kolondièba and the surrounding area.

This is Madoussou’s first loan, and she plans to use it to buy a bale of wax-coated pagnes of different types from wholesalers in Bamako and Burkina-Faso (Bobo-Dioulasso). She makes her sales on a cash and retail basis, working from home and in different town squares. Her customers are both male and female.

Madoussou hopes to make a monthly profit of 125,000 francs CFA. She will use this money to help her husband to provide for her family, repay her loan, and reinvest in her business.
View original language description ↓
Agée de 38 ans, Madoussou est une greffière, divorcée qui vit avec son enfant dans la ville de Kolondièba.
Madoussou s’est vite intéressée aux activités génératrices de revenus notamment à l’achat vente d’habillements et de pagnes wax et des chaussures. Elle est très appréciée et sollicitée à Kolondièba et environs.
Madoussou est à son premier prêt qui sera utilisé pour acheter, une balle de pagnes wax de différentes qualités auprès des grossistes de Bamako et en Burkina-Faso à (Bobo-Dioulasso). Elle effectue ses ventes, au comptant et en détail, à domicile, et dans les différents de la place à une clientèle composée d’hommes et de femmes.
Madoussou espère réaliser un bénéfice mensuel de 125.000FCFA 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
  • 11
    View loans »
    Mali Loans Fundraising
  • $10,173,725
    Funds lent in using Kiva
  • 525.0
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $975 helped Madoussou to buy traditional wrap-around cloth.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 11, 2012
Listed
Aug 1, 2012
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2013