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Kadiatou
Kadiatou is more than 49 years old, married, and the mother of 7 children. She lives with her husband and their children in a large traditional extended family in Sanoubougou I, one of the popular neighborhoods of the city of Sikasso.

After having tried many businesses without success, Kadiatou began her current business of selling cereals around 14 years ago. She operates a space in the market of Sanoubougou I in Sikasso. In order to be able to meet the growing needs of her customers, she decided to work with the microfinance organization Soro Yiriwaso. She is on her third individual loan, the first two having been fully repaid.

Kadiatou plans to use this loan to purchase 20 bags of rice and 25 bags of millet. She purchases the cereals from wholesalers in Sikasso and then resells them at retail to a customer base made up generally of housekeepers and family cooks. She estimates she will earn a monthly income of 200,000 francs CFA with this loan, which will be used to increase her business capital, to contribute toward her family's expenses, and to pay off the interest on her loan.
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Madame Kadiatou a plus de 49 ans mariée et mère de sept enfants, elle réside avec son époux et leurs enfants dans une grande famille traditionnelle élargie à Sanoubougou I, un des quartiers populaires de la ville de Sikasso.
Madame Kadiatou après avoir mené beaucoup d’activité sans succès, s’est initiée à cette activité de commercialisation des céréales il y a environ quatorze ans. Elle dispose une place au marché de Sanoubougou I à Sikasso.
Dans le souci de mieux satisfaire sa clientèle de plus en plus croissante, elle décida de collaborer avec l’institution de microfinance Soro Yiriwaso avec qui elle est est à son troisième prêt individuel, le deux prêt précédents ont été correctement remboursé.
Elle compte acheter avec ce prêt 20 sacs de riz et 25 sacs de Mil. Elle achète les céréales auprès des grossistes de Sikasso avant de les revendre en détail à une clientèle composée généralement des femmes de ménages et des chefs de famille.
Elle envisage réaliser avec ce prêt un bénéfice mensuel de 200 000 FCFA qui sera utilisé essentiellement pour augmenter son fonds de commerce, contribuer aux dépenses familiales et payer les intérêts de son prêt.

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
  • 7
    View loans »
    Mali Loans Fundraising
  • $9,897,325
    Funds lent in using Kiva
  • 506.1
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Kadiatou to purchase cereals.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 4, 2012
Listed
Oct 16, 2012
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2013