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Bintou
Born sometimes around 1962 in Mahina (Kayes region), Bintou is married and the mother of four children. She lives with her husband and children in the Torakabougou neighborhood of the city of Bougouni (third administrative region of the republic of Mali).

Bintou has been selling "pagnes" (traditional West-African fabrics), clothes, damask fabrics, shoes and jewelry for more than ten years. Thanks to her experience in this field, she is a very popular seller, and she receives orders for various goods such as fabrics (including damask), shirts, perfumes and jewelry.

In order to have the necessary resources to satisfy her customers' needs, she has decided to join the microfinance institution Soro Yiriwaso. This is her third loan with the institution and she has duly repaid her two previous loans.

With this new loan, she will buy 10 pagnes ("moyen riche" grade), 20 sets of earrings and about 15 pairs of shoes. She stocks up in Burkina Faso and usually sells from orders and at the Bougouni market. She sells for cash or on credit to a retail customer base made up of men and women.

Bintou is expecting average monthly profits from this loan to reach 45,000 CFA francs. These profits will be used in part to pay off her loan's interest. She will reinvest the rest of the money in her business.
View original language description ↓
Née vers 1962 à Mahina (région de Kayes) Bintou est mariée, mère de 4 enfants et vit avec son époux et leurs enfants dans le quartier Torakabougou dans la ville de Bougouni (troisième région administrative de la république du Mali).
Elle mène cette activité de commerce de pagnes, de vêtements, de bazins, de chaussures et de parures depuis plus de 10 ans. Son expérience dans ce domaine, lui a valu une bonne réputation et réçoit des commandes de diverses marchandises, tels les tissus, bazins, chemises, parfums et des parures. Ainsi pour avoir les ressources nécessaires afin de satisfaire ses clients, elle décida de collaborer avec l’Institution de microfinance Soro Yiriwaso, avec qui elle est à son troisième prêt, tous les deux prêts antérieurs ont été correctement remboursés.
Ce nouveau prêt lui permettra d’acheter, 10 pièces de bazin moyen riche, 20 paires de boucles d’oreille et une quinzaine de paires de chaussures.
Elle s’approvisionne au Burkina Faso et effectue ses ventes généralement sur commande et au marché de Bougouni, à une clientèle composée d’hommes et de femmes, en détail au comptant et à crédit.
Avec ce prêt, elle envisage réaliser un bénéfice mensuel moyen de 45 000 FCFA par mois. Ce bénéfice lui permettra de 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
  • 9
    View loans »
    Mali Loans Fundraising
  • $9,921,450
    Funds lent in using Kiva
  • 507.2
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Bintou to buy various goods (pagnes, earrings and shoes).
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Nov 1, 2012
Listed
Nov 2, 2012
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2013