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Rokia
Born in Koutiala, Ms. Rokia is 35 years old, married, and the mother of six children. She lives in a polygamous family with her co-wives, husband, and their children in Koutiala (Région de Sikasso). Rokia did not have the chance to be educated, which justification for her interest in revenue-generating businesses, that is, buying and selling Wax 'pagnes' (the colorful cloth of western Africa), shoes, henna, and more, for several years. She is much in demand by her customers.

To increase the size of her business and to satisfy her customers, she decided to join the microfinance institution Soro Yiriwaso four years ago. She has taken out solidarity loans (group loans), all properly repaid, and is now on her fourth individual loan.

With this new loan, she intends to purchase inventories of merchandise, including 10 rolls of Wax 'pagne' cloth and 5 dozen shoes. She gets her supplies in Bamako and Koutiala. Accepting cash or credit, she sells to a customer base composed of women in general in Koutiala City.

She plans on making a monthly profit of 70,000 francs CFA that will be used to make her payments, help cover day-to-day family expenses, and pursue her business with the rest.
View original language description ↓
Née à Koutiala, Madame Rokia est âgée de 35 ans, mariée et mère de 6 enfants. Elle vit dans une famille polygame avec sa coépouse, son mari et leurs enfants à Koutiala (Région de Sikasso).
Rokia n’a pas eu la chance d’étudier, ce qui justifie son intérêt pour les activités génératrices de revenus à savoir l’achat et vente de pagnes wax, chaussures, henné et autres depuis plusieurs ans. Elle est très bien sollicitée par ses clients.
Pour augmenter la taille de son activité et satisfaire sa clientèle, elle a décidé de rejoindre l’institution de microfinance Soro Yiriwaso il y’a quatre ans. Elle a pris des prêts solidaires (prêt de groupe) tous remboursés correctement et est à son 4ème prêt individuel.
Avec ce nouveau prêt, elle compte acheter des stocks de marchandises constitués de dix rouleaux de pagnes wax et cinq douzaines de chaussures. Elle s’approvisionne à Bamako et Koutiala. Elle effectue sa vente dans la ville de Koutiala à une clientèle composée de femmes en générale en détail, au comptant et à crédit.
Elle compte réaliser un bénéfice mensuel de 70.000FCFA, qu’elle utilisera pour le remboursement de ses échéances, participer aux dépenses quotidiennes de sa famille et poursuivre son activité avec le reste.

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
  • 32
    View loans »
    Mali Loans Fundraising
  • $10,400,425
    Funds lent in using Kiva
  • 497.4
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Rokia to purchase a variety of goods to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 8, 2013
Listed
Feb 25, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2013