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Fatoumata
Fatoumata is 46 years old, married and the mother of four children. She lives with her husband (and is his only wife) in Torakabougou, a district of the city of Bougouni (the third administrative region of the Republic of Mali). After training in healthcare, Fatoumata soon began buying and selling pharmaceutical products, and she has been doing this for more than twenty years. With such a lot of experience in this activity, she enjoys a great reputation.
Following two individual loans (both fully repaid), she is seeking her third loan - which will be used to purchase 15 boxes of anti-malarials, 9 boxes of medicine for respiratory problems, and 5 boxes of antibiotics. Her main supplier is in Bamako (the capital city of Mali).
She sells the products retail and for cash, from her pharmacy in Bougouni, to a customer base of both men and women.
With this new loan, she intends to generate a monthly profit of 150,000 FCFA. With these profits, she plans to cover her essential outgoings and those of her family, to pay the loan interest and to invest the remainder in her business.
View original language description ↓
Madame Fatoumata est âgée de 46 ans, marié et mère de quatre enfants. Elle réside avec son conjoint famille monogame à Torakabougou, un des quartiers de la ville de Bougouni (troisième région administrative de la république du Mali).
Après une formation en santé, Fatoumata s’est vite initiée aux activités d’achat de vente de produits pharmaceutiques depuis plus de vingt ans. Avec une telle expérience dans ce domaine, elle jouit d’une forte réputation. Après 2 prêts individuels tous correctement remboursés, elle est à son troisième prêt qui sera utiliser pour acheter 15 cartons de produits contre le paludisme, 9 cartons produits contre les maladies respiratoires et 5 cartons d’antibiotiques.
Sa source d'approvisionnement principale est à Bamako (capitale du Mali). Elle effectue ses ventes dans sa pharmacie à Bougouni à une clientèle composée d’hommes et de femmes, en détail et au comptant.
Avec ce nouveau prêt, elle envisage réaliser un bénéfice mensuel de 150.000 FCFA. Avec ce bénéfice réalisé, elle compte résoudre l’essentielle de ses dépenses, celles de sa famille, 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
  • 56
    View loans »
    Mali Loans Fundraising
  • $10,440,150
    Funds lent in using Kiva
  • 513.5
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $975 helped Fatoumata to purchase medicines.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 8, 2012
Listed
Nov 13, 2012
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2013