Check out other loans that are currently fundraising!
Maminata
Maminata was born in 1955 in Coulibalybougou. She is mother of six children and lives with her spouse in Coulibalybougou (third largest administrative region in Mali). She has been in business for over six years. Her experience in this field has given her a good reputation and she receives orders from various customers. In order to have sufficient resources to satisfy customer demand, she decided to work with Soro Yiriwaso three years ago. Her prior loans have all been fully repaid. This new loan will enable her to buy 35 bags of corn. She stocks up in the villages surrounding Coulibalybougou. Her sales are made to a clientele consisting of men and women, on-site and at the Sikasso market. With this loan, she expects to earn an average monthly profit of 30,000 FCFA. This profit will enable her to pay the interest on her loan and to invest the rest in her business.
View original language description ↓
Maminata est en 1955 à COULIBALYBOUGOU. Mère de 6 enfants elle vit chez son époux à COULIBALYBOUGOU (troisième région administrative de la république du Mali).
Elle mène cette activité de commerciale depuis plus de 6 ans. Son expérience dans ce domaine, lui a valu une bonne réputation et reçoit des commandes de divers clients. Ainsi pour avoir les ressources nécessaires afin de satisfaire ces clients, elle a décidé de collaborer avec Soro Yiriwaso, il ya 3 ans et les prêts antérieurs ont été correctement remboursés.
Ce nouveau prêt lui permettra d’acheter environs 35 sacs de maïs. Elle s’approvisionne dans les villages environnants de Coulibalybougou. Les ventes sont faites à une clientèle composée d’hommes et de femmes sur place et au marché de Sikasso.
Avec ce prêt, elle envisage réaliser un bénéfice mensuel moyen de 30 000 FCFA par mois. Ce bénéfice lui permettra de 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
  • 7
    View loans »
    Mali Loans Fundraising
  • $9,897,325
    Funds lent in using Kiva
  • 497.5
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $525 helped Maminata to buy cereals.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Dec 24, 2012
Listed
Dec 26, 2012
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2013