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Oumou
Oumou was born in 1964 in Bamako, and is a married mother of four children. She lives with her husband, his other wife, and their children in the city of Koutiala.
Oumou did not have the chance to continue her studies, which is why she has been interested in business for over ten years. After having run several income-generating activities, she currently chooses to sell various items such as clothing, shoes, soaps, etc. To increase her working capital in order to enlarge her business, Oumou turned to the microfinance institution Soro Yiriwaso several years ago. She obtained three association (group/solidarity) loans, all of which were repaid properly. She is on her second individual loan. With this loan, she intends to buy clothing, bags of soap, and necklaces from the wholesalers. She makes her sales door-to-door and at the door of her house to a diverse clientele, in cash and often on credit.
She foresees realizing a monthly profit of 90,000 FCFA, which will be used to repay the interest on the Soro Loan, and also continue to improve her family's standard of living.
Oumou est née en 1964 à Bamako, mariée et mère de 4 enfants, elle vit avec son mari, sa coépouse et leurs enfants dans la ville de Koutiala.
Oumou n’as pas eu la chance de continuer les études, raison pour laquelle elle s’est intéressée au commerce depuis plus de 10 ans. Après avoir mené plusieurs activités de revenus, actuellement elle opte pour la vente de diverses marchandises telles : les habits, les chaussures, savons etc. Pour augmenter son fonds de commerce afin d’élargir son activité, Oumou a fait recours à l’institution de microfinance Soro Yiriwaso depuis plusieurs années. Elle a pris 3 prêts dans l’association (prêt solidaire) tous remboursés correctement et elle est à son 2e prêt individuel. Avec ce financement, elle compte acheter des habits, des sacs des savons et des colliers auprès des grossistes. Elle effectue sa vente en ambulant et à la porte de sa maison à une clientèle mixte au comptant et souvent à crédit.
Elle envisage réaliser un bénéfice mensuel de 90.000 FCFA qui sera utilisé pour le remboursement des intérêts de Soro et contribuer à l’amélioration de la condition de vie de sa famille.

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
  • 81
    View loans »
    Mali Loans Fundraising
  • $10,874,800
    Funds lent in using Kiva
  • 490.1
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $325 helped Oumou to buy various items.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 10, 2013
Listed
Jan 19, 2013
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2013