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Safiatou
Safiatou is 22 years old, married and mother to two children. She lives with her husband in a traditional family in the Heremakono Nord district of Bougouni.

After her marriage she began a small business selling clothes, "pagnes" (pieces of colorful fabric) and linen sets. With five years' experience she now enjoys a significant reputation. Her sales strength is her affordable prices but also her good business sense.

With a view to boosting her business and satisfy customer demand, she is turning to Soro Yiriwaso, and is on her first individual loan with the institution. She plans to use her loan to buy 10 "pagnes wax" (highly decorative pieces of colorful fabric) and one roll of embroidered "pagne". She gets her supplies from wholesalers in Bamako.

Safiatou sells for cash and on credit, to a customer base made up primarily of women, at the market and from home. She expects to make a monthly profit of 40,000FCFA, which will be used to help her husband with the family expenses and to reinvest in her business. Her ambition is to become a wholesaler in this business.
View original language description ↓
Madame SAFIATOU est âgée de 22 ans, mariée et mère de 2 enfants. Elle vit chez son mari dans une famille traditionnelle au quartier Heremakono Nord de Bougouni.
C’est après son mariage, qu’elle commença à faire le petit commerce de vêtements, de pagnes et de parures. Nantie de 5 ans d’expérience elle jouit d’une grande réputation. Sa force de vente est due à son prix abordable mais surtout à son sens élevé du commerce.
Dans le but d’augmenter son fonds de commerce pour satisfaire la demande de la clientèle, elle fait recours au crédit de Soro Yiriwaso avec qui elle est à son 1er prêt individuel qu’elle compte utiliser pour acheter, 10 pièces de pagnes wax et 1 rouleau de pagne brodé. Elle s’approvisionne à Bamako auprès des grossistes.
Madame SAFIATOU vend au comptant et à crédit à une clientèle composée majoritairement de femmes, au marché et à domicile.
Elle compte réaliser un bénéfice mensuel de 40 000 FCFA, qui serait utilisé pour aider son mari à subvenir aux dépenses de la famille et réinvestir dans ses activités. Son ambition est de devenir grossiste 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
  • 27
    View loans »
    Mali Loans Fundraising
  • $9,975,475
    Funds lent in using Kiva
  • 512.6
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Safiatou to buy "pagnes".
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Nov 5, 2012
Listed
Nov 6, 2012
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2013