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Fatoumata
Fatoumata was born around 1957. She is a married mother of seven children, and she lives with her family in the Bougouni district of Massablacoura.

Fatoumata, who never went to school, became involved in income-generating activities at an early age. She has been buying and selling cereals for over seven years, and her experience has made her a popular vendor who is in very high demand in Bougouni.

This is her 4th loan cycle, and all past loans were correctly repaid. She plans to use her loan to buy five tonnes of maize from farmers in Bougouni and surrounding areas. She conducts her sales at retail at the big market of Bougouni, for cash or credit, to a clientele consisting of both men and women.

Fatoumata expects to earn an average monthly profit of 75,000 FCFA, which she will use to cover some of the household expenses and to bolster her activity.
Fatoumata est une femme mariée née vers 1957 qui est mère de 7 enfants et qui vit avec ses enfants chez son époux dans le quartier Massablacoura de Bougouni.
N’ayant pas fréquentée l’école très tôt Fatoumata s’interessa aux activités génératrices de revenu notamment à l’achat vente de céréales. Avec une expérience de plus 7 ans, dans cette activité, elle est très sollicitée et appréciée à Bougouni.
Elle est à son quatrième cycle de prêt, après avoir correctement remboursés les trois précédents.
Elle compte acheter avec son prêt, 5 tonnes de maïs auprès des produteurs de Bougouni et environs. Elle effectue ses ventes, au comptant en détail et à crédit, au grand marché de Bougouni à une clientèle composée d’hommes et de femmes.
Fatoumata envisage réaliser un bénéfice mensuel de 75.000 FCFA
qui sera utilisé pour assure certaines dépenses de la famille et améliorer d’avantage son entreprise.

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
  • 28
    View loans »
    Mali Loans Fundraising
  • $10,282,350
    Funds lent in using Kiva
  • 490.1
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,025 helped Fatoumata to buy cereals for resale.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Jan 17, 2013
Listed
Jan 18, 2013
Currency Exchange Loss:
Possible
Ended:
Feb 17, 2014