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Fatoumata
Madam Fatoumata is more than 39 years old. She is married and mother to 3 children and lives with her husband and their children in Banconi, one of the outlying neighborhoods of the town of Sikasso (third administrative region of the republic of Mali).

After having managed many businesses without success, Madam Fatoumata started buying and selling gourds about 4 years ago. Due to the concern of better satisfying her clientele which is growing more and more, she decided to join the microfinance institution Soro Yiriwaso several years ago. After several loans in solidarity (group loans) in a women's association in her neighborhood (Association AMIDEE in Banconi), she is currently on her third individual loan and the two previous loans were correctly repaid.

Thus, she is requesting this third loan to buy 10 parcels of gourds in order to resell them retail to her customers consisting of men and women.

With this loan she envisions making an average monthly profit of 95,000 FCFA which will be used to increase her business, contribute to the family's expenses and pay the interest on her loan.
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Madame Fatoumata est âgée de plus de 39 ans, elle est mariée et mère de 3 enfants et réside avec son époux et leurs enfants à Banconi, un des quartiers périphériques de la ville de Sikasso ( troisième région administrative de la république du Mali).
Madame Fatoumata après avoir mené beaucoup d’activités sans succès, s’est initiée aux activités d’achat et de vente de calebasses il y’a environ 4 ans. Dans le souci de mieux satisfaire sa clientèle de plus en plus croissante, elle décida de rejoindre l’institution de microfinance Soro Yiriwaso il y’a quelque années. Après plusieurs prêts solidaires (prêt du groupe) dans une Association des femmes de son quartier (Association AMIDEF de Banconi), elle est à présent à son troisième prêt individuel et les deux prêts précédents ont été correctement remboursés.
Ainsi, elle sollicite ce troisième prêt pour acheter 10 colis de calebasses afin de les revendre en détail à ses clientes composées d’hommes et de femmes.
Elle envisage réaliser avec ce prêt un bénéfice mensuel de 95.000 FCFA qui sera utilisé pour augmenter son fonds de commerce, contribuer aux dépenses familiales et payer les intérêts de son prêt.

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
  • 26
    View loans »
    Mali Loans Fundraising
  • $10,710,025
    Funds lent in using Kiva
  • 483.0
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $525 helped Fatoumata to buy gourds.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 29, 2013
Listed
Feb 6, 2013
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2013