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Oumou
Mrs Oumou is a 38 year old married woman and mother of 6 children. They all live together in the Diamarabougou neighborhood in the commune of Markala. She did not attend school due to social reasons, but began working in business alongside her father, who sold cereals. She has been continuing to work in the retail sector for the last 20 years and has amassed an important experience. In order to satisfy the demands of her customers, she is a member of the microlending program of Soro Yiriwaso. After having successfully completed 9 cycles of group loans, she is asking for her first individual loan in order to purchase 20 bags of kabakourouni (locally made soap) and 30 boxes of industrial soap. She stocks up on these items at the big market in Ségou. She sells for cash and credit to a mixed customer base. She hopes that the loan will allow her to have a monthly profit of 73,500 FCFA (approximately 141 USD) which will enable her to take cares of the small household expenses.
View original language description ↓
Agée de 38 ans, Madame Oumou est mariée et mère de 6 enfants. Elle vit dans une famille nucléaire avec son mari et ses enfants au quartier Diamarabougou de Markala.
N’ayant pas fréquenté l’école pour des arisons sociales, elle commença le commerce à côté de son père qui vendait des céréales. Elle mène cette activité depuis 20 ans et jouit d’une grande expérience.
Dans le souci de satisfaire la demande de sa clientèle, elle adhéra au programme de prêts solidaires de Soro Yiriwaso. Après avoir fait 9 cycles, elle est à son 1er cycle de prêt individuel qu’elle compte utiliser pour acheter 20 sacs de savon kabakourouni et 30 cartons de savon industriel, elle s’approvisionne au grand marché de Ségou.
Madame Oumou vend au comptant et à crédit à une clientèle mixte. Avec ce prêt elle envisage réaliser un bénéfice mensuel moyen de 73.500 FCFA, ce dernier lui permet de prendre en charge les petites dépenses familiales du foyer.

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
  • 34
    View loans »
    Mali Loans Fundraising
  • $10,710,275
    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 Oumou purchase local soap (kabakourouni) and industrial soap.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Nov 7, 2012
Listed
Nov 21, 2012
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2013