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Aminata
Aminata, age 42, is a married mother of two children. They live together in a nuclear family in ATTbougou, a working-class district of the city of Sikasso (third administrative region of the Republic of Mali).

Having attempted several activities without success, Aminata started to buy and sell clothing and jewelry (wax pagnes, embroidered fabrics, chain necklaces, earrings, etc.) over five years ago. She buys her stock in Bobo Dioulasso (in Burkina Faso) and conducts her sales door-to-door to a clientele consisting mainly of women. She is in high demand due to the quality of her merchandise.

To meet the needs of a growing customer base, she joined the microfinance institution Soro Yiriwaso and is now seeking her second individual loan.
This new loan will help her to buy 15 wax pagnes, 10 sets of embroidered fabrics, 20 packs of chain necklaces, and 15 packs of earrings.

She expects to earn a monthly profit of 95,000 FCFA, which she will use to bolster her working capital, to help with the family expenditures, and to pay the loan interest.
Aminata est âgée de 42 ans, mariée et mère de 2 enfants. Elle vit avec ses deux enfants dans une famille nucléaire à ATTbougou, un des quartiers populaires de la ville de Sikasso ( troisième région administrative de la république du Mali).
Madame Aminata après avoir mené beaucoup d’activités sans succès, s’est initiée à l’achat et vente d’habillements et de bijoux (des pagnes wax des tissus brodés, des colliers en chaines et des boucles d’oreilles, etc.) depuis plus de cinq ans. Elle achète ses marchandises à Bobo Dioulasso (au Burkina Faso) avant de les revendre de façon ambulantes à une clientèle composée essentiellement de femmes. Elle est beaucoup sollicitée de sa clientèle pour la qualité de ses produits.
Pour satisfaire sa clientèle de plus en plus croissante, elle décida de rejoindre l’institution de microfinance Soro Yiriwaso avec qui elle est à son deuxième prêt individuel.
Ce deuxième prêt individuel lui permettra d’acheter, 15 pièces de pagne wax, 10 complets de tissus brodés, 20 paquets de colier en chaines et 15 paquets de boucle d’oreilles.
Elle envisage réaliser avec ce prêt un bénéfice mensuel de 95.000 FCFA qui sera utilisé 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
  • 23
    View loans »
    Mali Loans Fundraising
  • $9,921,450
    Funds lent in using Kiva
  • 517.1
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Aminata to buy wax pagnes, embroidered fabrics, chain necklaces, earrings, etc. for resale.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 17, 2012
Listed
Nov 16, 2012
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2013