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Assetou
Ms. Assetou is a 39-year-old married woman and the mother of seven children. She lives with her husband and children in the Torakabougou district of Bougouni. Having dropped out of primary school in the 5th year (Malian education system), she decided to learn about revenue-generating work. And so she started watching her sister to learn about making and selling juices and ice. She has been operating this business for several years, has mastered it, and is much in demand in the district for the quality of her juices.

Ms. Assetou knew about the microfinance institution Soro Yiriwaso through a neighbor in her district. Given the evolution of her business, she decided to come to Soro Yiriwaso to take out an individual loan for increasing her working capital.

With this initial loan, she intends to purchase 2 bags of sugar, a box of vanilla sugar, 25 kg of ginger, and a 50-kg sack of 'dah' (dried hibiscus flowers). She gets her supplies of ingredient at the markets of Bougouni and Sikasso, which is the third administrative region of Mali. Her juices are sold by her employees at the house, at the market, and in front of schools in the different district of Bougouni.

With this loan, she intends to make a monthly profit of 45,000 francs CFA that will be used to expand her business.
View original language description ↓
Madame Assetou est une femme mariée de 39 ans et mère de 7 enfants. Elle vit avec son époux et ses enfants dans le quartier Torakabougou de Bougouni.
Ayant abandonnée l’école en classe de 5ème année fondamentale (système éducatif Malien), elle décida d’apprendre les activités génératrices de revenus. C’est ainsi qu’elle a commencé à suivre sa soeur pour apprendre les activités de la préparation et la vente des jus et glace. Elle mène cette activité depuis plusieurs années, la maitrise bien et est très sollicitée dans le quartier pour la qualité de ses jus. Madame Assetou a connu Soro Yiriwaso à travers une voisine du quartier. Vu l’évolution de son activité elle décide de venir à Soro Yiriwaso pour prendre un prêt individuel afin d’augmenter son fonds de roulement. Avec ce premier prêt elle compte acheter, 2 sacs du sucre, 1 carton sucre-vanille, 25 kilos de gingembre et 1 sac de 50 kilos de dah. Elle s’aprovisionne en matières premières dans le marché de Bougouni et à Sikasso qui est la 3ème region administrative du Mali. Ses jus sont vendus par ses employers à la maison, au marché, devant les écoles et dans les differents quartiers de Bougouni.
Elle compte réaliser avec ce prêt un bénéfice mensuel de 45 000 FCFA qui sera utilisé pour 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
  • 27
    View loans »
    Mali Loans Fundraising
  • $9,992,350
    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 Assetou to purchase ingredients for making juices.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 20, 2013
Listed
Feb 26, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 17, 2014