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Aminata
Ms. Aminata is 47 years old, married, and the mother of two children. She lives with her children in the Bagadadji district of Ségou City (4th administrative region of the Republic of Mali).

Aminata left school in the 9th fundamental year (Malian system of education) after successive failures at earning her D.E.F. (certificate of basic education). Thus, she started working in revenue-generating businesses by herself selling ice, clothing, and fruit juices. She finally opted for selling clothing over fifteen years ago.

With the goal of increasing her working capital to cope with customer demands, she turned toward the microfinance institution Soro Yiriwaso, with which she has been associated for 60 months. After four solidarity loans and three individual loans, she is now on her fourth individual loan. She plans on using this loan to buy 20 outfits of embroidered 'pagnes' (the colorful cloth of western Africa). She gets her supplies from Burkina Faso.

Ms. Aminata accepts cash or credit from a customer base composed of men and women. She envisions making a monthly profit of 50,000 francs CFA. This will enable her to cover family expenses and to make her business sustainable. Her ambition is to build a house.
View original language description ↓
Madame Aminata est âgée de 47 ans, mariée et mère de 2 enfants. Elle vit avec ses enfants dans le quartier Bagadadji de la ville de Ségou (quatrième région administrative de la république du Mali).
Aminata a abandonné les études en classe de 9ème année fondamentale (système éducatif Malien) par suite d’échecs successifs au D.E.F. (Diplôme d’ Étude Fondamentale). C’est ainsi qu’elle commença seule à faire les activités génératrices de revenus tels l’achat vente de condiments, de glaces, d’habits et jus de fruits. Elle finit par opter pour la vente d’habits, depuis maintenant plus de 15 ans.
Dans le but d’augmenter son fonds de commerce pour faire face à la demande clientèle, elle a fait recours à Soro Yiriwaso, avec qui elle est en relation depuis 60 mois. Après 4 prêts solidaires et 3 prêts individuels tous bien remboursés, elle est à son 4ème prêt individuel. Elle compte utiliser ce prêt pour acheter 20 complets de pagnes brodés, elle s’approvisionne au Burkina Faso.
Madame Aminata vend au comptant et à crédit à une clientèle composée d’hommes et de femmes. Elle envisage réaliser un bénéfice mensuel 50.000 FCFA, ce dernier lui permet de prendre en charge les dépenses familiales et de pérenniser son commerce. Son ambition est de construire une maison 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
  • 6
    View loans »
    Mali Loans Fundraising
  • $9,897,325
    Funds lent in using Kiva
  • 541.4
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Aminata to buy clothing.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 13, 2012
Listed
Sep 1, 2012
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2013