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Korotoumou
Born in Bamako, Korotoumou is 36 years old, married and the mother of four children. She lives with her husband and her children in Koutiala, in the Sikasso region.

Korotoumou did not have the opportunity to attend school for many years, which explains her current interest in income-generating activities (such as buying and selling fabrics, shoes and others). She has actually been involved in this activity for several years and her goods are in high demand from her customers.

In order to increase the size of her business and to meet the needs of her customers, she decided to join the micro-finance institution Soro Yiriwaso over two years ago. This is her third individual loan; her past two loans were duly repaid.

With this new loan, she is planning to replenish her stock of goods and buy two rolls of fabrics, a dozen pairs of shoes and ten bedsheets. She stocks up in Burkina Faso and sells in the city of Koutiala, for cash or on credit, to a retail customer base which generally consists of women.

She is expecting monthly profits to reach 80,000 CFA francs. She will use these profits to pay back her loan, contribute to the daily expenses of her family, and, with the rest of the money, continue her activity.
View original language description ↓
Née à Bamako, Korotoumou est âgée de 36 ans, mariée et mère de 4 enfants. Elle vit avec son mari et leurs enfants à Koutiala (Région de Sikasso).
Korotoumou n’a pas eu la chance de faire des longues études, ce qui justifie son intérêt pour les activités génératrices de revenus à savoir l’achat et vente de tissus, chaussures et autres depuis plusieurs ans. Korotoumou est très bien sollicitée par ses clients. Pour augmenter la taille de son activité et satisfaire sa clientèle, elle a décidé de rejoindre l’institution de microfinance Soro Yiriwaso il y a plus de 2 ans. Elle est à son 3e prêt individuel et les deux précédents ont été correctement remboursés.
Avec ce nouveau prêt, elle compte acheter des stocks de marchandises constitués deux rouleaux de tissus, une douzaine de paires de chaussures et 10 draps de lit. Elle s’approvisionne au Burkina Faso et effectue sa vente dans la ville de Koutiala à une clientèle composée de femmes en général, en détail, au comptant et à crédit.
Elle compte réaliser un bénéfice mensuel de 80.000FCFA, qu’elle utilisera pour le remboursement de son prêt, participer aux charges quotidiennes de sa famille et poursuivre son activité avec le reste.

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

  • $1,100
    Average annual income
  • 32
    View loans »
    Mali Loans Fundraising
  • $11,460,850
    Funds lent in using Kiva
  • 514.9
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD