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Fatoumata
Fatoumata is 34 years old, married, and the mother of three children. She lives with her husband and children in the Angoulême II neighborhood of the city of Ségou.

Since she did not attend school for social reasons, she began very early to work as a hair braider, and she is very gifted and creative in this field. In addition to braiding hair, she also sells hair extensions. She is very well-known in the city of Ségou and its surroundings.

In order to increase her business and meet her customers' demand, she has turned to Soro Yiriwaso and is on her second individual loan.

She is planning to use her loan to buy 625 hair extensions. She buys her goods in Burkina Faso and resells for cash and on credit to a customer base which only consists of women.

She is expecting monthly profits to reach 100,000 CFA francs, which will help her to support her family.
View original language description ↓
Fatoumata est âgée de 34 ans, mariée et mère de 3 enfants. Elle vit chez son mari avec ses enfants au quartier Angoulême II de Ségou.
N’ayant pas fréquentée l’école pour des raisons sociales, elle commença très tôt à faire la tresse, elle est douée d’un génie de création dans ce domaine. En plus de la tresse elle vend également des mèches. Elle est très connue dans la ville de Ségou et environnant.
Dans le but d’augmenter son fonds de commerce pour faire face à la demande clientèle, elle a fait recours à Soro Yiriwaso avec qui elle est à deuxième prêt individuel.
Elle compte utiliser ce prêt pour acheter, 625 mèches pour cheveux, elle s’approvisionne au Burkina Faso. Fatoumata vend au comptant et à crédit à une clientèle composée de femmes. Elle envisage réaliser un bénéfice mensuel 100.000 FCFA, ce dernier lui permettra de prendre en charge les dépenses familiales.

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
  • 29
    View loans »
    Mali Loans Fundraising
  • $9,921,450
    Funds lent in using Kiva
  • 492.7
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $525 helped Fatoumata to buy hair extensions.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 11, 2013
Listed
Jan 23, 2013
Currency Exchange Loss:
Possible
Ended:
Feb 17, 2014