Check out some available loans that are similar to this one!
Aminata
Mrs. Aminata is 50 years old, married and the mother of seven children. She lives with her husband in a nuclear family in the town of Markala in Mali's fourth administrative region, Ségou.

Not having attended school, Mrs. Aminata was married very young, and began a small business selling cereals, which she learned from her mother during her childhood. She has been running this small business for more than 30 years and benefits from an excellent reputation.

With the goal of increasing her business in order to meet rising customer demand, she joined Soro Yiriwaso, with whom she has been involved for more than four years. Having properly repaid nine group loans, Mrs. Aminata is on her first individual loan, which she plans to use to purchase 30 sacks of millet. She gets her supplies from cereal producers.

Mrs. Aminata sells [her wares] for cash and credit to a group of customers made up of men and women. She hopes to see an average monthly profit of 50,000 CFA francs, which would be used to provide for minor household supplies. Her goal is to become a wholesaler of cereals.
View original language description ↓
Madame Aminata est âgée de 50 ans, mariée et mère de 7 enfants, elle loge chez son mari dans une famille nucléaire dans la ville de Markala dans la quatrième région administrative du Mali, Ségou.
N’ayant pas été à l’école, elle fut mariée très tôt, alors elle commença à faire le petit commerce de céréales qu’elle a appris auprès de sa maman à l’enfance. Elle effectue ce petit commerce depuis plus de 30 ans et jouit d’une grande réputation.
Dans le but d’augmenter son fonds de commerce pour satisfaire la demande de la clientèle de plus en plus croissante, elle a fait recours à Soro Yiriwaso. Elle est en relation avec cette dernière depuis plus de 4 ans. Après avoir correctement remboursé 9 prêts solidaires, elle est à son 1er cycle de prêt individuel qu’elle compte utiliser pour acheter 30 sacs de mil. Elle s’approvisionne avec les producteurs de céréales.
Madame Aminata vend au comptant et à crédit à une clientèle composée d’hommes et de femmes. Elle espère réaliser un bénéfice mensuel moyen de 50 000 FCFA, qui serait utilisé pour prendre en charge les petits besoins du foyer. Elle a pour objectif de devenir grossiste dans la vente de céréales.

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
  • 13
    View loans »
    Mali Loans Fundraising
  • $10,177,025
    Funds lent in using Kiva
  • 512.3
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $700 helped Aminata to purchase millet.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Nov 7, 2012
Listed
Nov 26, 2012
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2013