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Mariam
Born around 1975 in Loutana Prefecture in Sikasso, Ms. Mariam is a married mother of seven children. She resides with her husband and their children in a large traditional family in Sanoubougou I Kapel Kourou, one of the outlying districts of Sikasso City. After several unsuccessful businesses, she became familiar with small-scale business about ten years ago, especially in the buying and selling of clothing (wax 'pagne' cloth, handbags, embroidered cloth, etc.). She purchases her goods in Bobo Dioulasso (in Burkina Faso) and then resell them locally at the market, where her goods are much in demand by her customers composed essentially of women.

Concerned about further satisfying her burgeoning customer base, she decided to join the microfinance institution Soro Yiriwaso over a year ago. She benefited from three loans, all correctly repaid. Thus, she is requesting this fourth loan to increase her business capital, so as to purchase 30 lengths of wax 'pagne' cloth, 20 outfits of embroidered fabrics, and 25 handbags.

With this initial loan, she envisions making a monthly profit of 120,000 francs CFA that will be used essentially to pay the loan interest. The rest will be invested in her business.
View original language description ↓
Née vers 1975 à Loutana Préfecture de Sikasso, Madame Mariam est mariée et mère de 7 enfants.Elle réside avec son époux et leurs enfants dans une grande famille traditionnelle à Sanoubougou I Kapel Kourou, un des quartiers péripheriques de la ville de Sikasso.
Après plusieurs activités sans succès, elle s’est initiée depuis plus de dix années à cette activité de petit commerce notamment d’achat et de vente d’habillements (pagne wax, sacs à main, tissus brodés, etc.). Elle achète ses marchandises à Bobo Dioulasso (au Burkina Faso) avant de les revendre à sa place au marché où ses marchandises sont beaucoup sollicitées de sa clientèle composée essentiellement de femmes.
Dans le souci de mieux satisfaire sa clientèle de plus en plus croissante, elle décida d’intègrer l’institution de microfinance Soro Yiriwaso depuis plus d’une année. Elle a bénéficié trois crédits tous correctement remboursés. Ainsi, elle sollicite ce quatrième crédit pour augmenter son fonds de commerce afin d’acheter, 30 pièces de pagne wax, 20 complets de tissus brodés et 25 sacs à main.
Elle envisage réaliser avec ce premier crédit un bénéfice mensuel de 120.000 FCFA qui sera utilisé essentiellement pour payer les intérêts de son prêt et investir le reste dans 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
  • 22
    View loans »
    Mali Loans Fundraising
  • $9,946,875
    Funds lent in using Kiva
  • 523.2
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Mariam to purchase clothing to resell.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 1, 2012
Listed
Oct 1, 2012
Currency Exchange Loss:
Possible
Ended:
Apr 17, 2013