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Assanatou
Ms. Assanatou is a 37-year-old married woman and the mother of three children. She lives with her husband and children in the Hérémakono Nord district of Bougouni. Ms. Assanatou is a teacher by profession who, concerned about diversifying her sources of income, run revenue-generating businesses to support herself while helping out her husband. She has two freezers she uses full-time to sell juices and ice. She learned this business from her aunt and has been running this business for over eight years.

To satisfy her burgeoning and demanding customer base, she decided to join the loan program at the microfinance institution Soro Yiriwaso and is now on her third loan. She never had any problems repaying. All of her loans are indeed paid back.

She intends to use this new loan to purchase a ½ bag of sugar, a box of vanilla sugar, 15 kg of ginger, and a 30-kg sack of 'dah' (dried hibiscus flowers). She gets her supplies of ingredient at the market of Bougouni. Her juices are sold by her employees at the house, in front of schools, and in the different districts of Bougouni by going door to door.

With this loan, she intends to make a monthly profit of 35,000 francs CFA. With the profits, she envisions expanding her business.
View original language description ↓
Madame Assanatou est une femme mariée de 37 ans et mère de 3 enfants. Elle vit avec son époux et ses enfants dans le quartier Hérémakono Nord de Bougouni.
Madame Assanatou est une enseignante de profession qui, dans le souci de diversifier ses sources de revenus, méne des activités génératrices de revenus pour subvenir à ses besoins tout en aidant son époux. Elle a 2 congélateurs qu’elle exploite à plein temps pour la vente des jus et de la glace. Elle a appris cette activité auprès de tente. Elle mène cette activité depuis plus de 8 ans. Afin de satisfaire sa clientèle de plus en plus croissante et exigeante, elle décida d’adhérer au programme crédit de Soro Yiriwaso avec qui elle est à son 3ème prêt. Elle n’a jamais eu de problème de remboursement. Tous ses prêts sont bien remboursés.
Elle compte utiliser ce nouveau prêt pour acheter, ½ sac du sucre, 1 carton sucre-vanille, 15 kilos de gingembre et 1 sac de 30 kilo de dah. Elle s’aprovisionne en matières premières dans le marché de Bougouni. Ses jus sont vendus par ses employers à la maison, devant les écoles et dans les differents quartiers de Bougouni en ambulant.
Elle compte réaliser avec ce prêt un bénéfice mensuel de 35.000 FCFA. Avec ce bénéfice elle envisage agrandir 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
  • 38
    View loans »
    Mali Loans Fundraising
  • $10,780,200
    Funds lent in using Kiva
  • 497.4
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Assanatou to purchase ingredients for selling juices.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Feb 20, 2013
Listed
Feb 26, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 17, 2014