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Madame Fadimata is 60, in a polygamous marriage, and has five children. She lives with her husband in the Pelengana neighbourhood of the town of Ségou.Having left school after the second cycle (in the Mali education system), she became interested at a young age in business, in particular in the buying and selling of charcoal and of firewood. She has been in this business for over 20 years. Her business is very popular and valued in the neighbourhood.
Because she needs to satisfy her increasing customer demand, she has turned to the Soro Yiriwaso microfinance institute. She has had a relationship with this institute for four years now. After properly repaying her four previous loans, she is now in her fifth individual loan cycle. She will use this loan for the purchase of 60 bags of charcoal from markets in the villages around Ségou.
Fadimata sells for cash and credit to a clientele made up mostly of women. She expects to make an average monthly profit of 36 000 FCFA, which will allow her to help her husband with the family expenses.
Her goal is to buy a residential lot.
View original language description ↓
Agée de 60 ans, Madame Fadimata est mariée dans une famille polygamique et est mère de 5 enfants. Elle loge chez son mari dans le quartier Pelengana de la ville de Ségou.
Ayant abandonnée les études depuis le second cycle (système éducatif Malien), elle s’intéressa très tôt aux activités génératrices de revenus notamment à l’achat vente du charbon de bois et du bois de chauffe. Elle mène cette activité depuis plus de 20 ans et très sollicitée et appréciée dans la quartier.
Dans le souci de satisfaire la demande de sa clientèle de plus en plus croissante, elle adhère à l’institution de microfinance Soro Yiriwaso, avec qui elle est en relation depuis maintenant 4 ans. Après avoir correctement remboursés les 4 prêts précédents, elle est à son 5ème cycle de prêt individuel qu’elle compte utiliser pour acheter 60 sacs de charbon de bois avec les forains des villages environnants de Ségou.
Madame Fadimata vend au comptant et à crédit à une clientèle composée majoritairement de femmes. Elle envisage réaliser un bénéfice mensuel moyen de 36 000 FCFA, qui lui permettra d’aider son conjoint à prendre en charge les dépenses familiales.
Son ambition est d’acheter un lot 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
  • 18
    View loans »
    Mali Loans Fundraising
  • $10,726,175
    Funds lent in using Kiva
  • 502.4
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $300 helped Fadimata to buy charcoal.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Oct 23, 2012
Oct 25, 2012
Currency Exchange Loss:
Nov 17, 2013