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Assitan
Ms. Assitan is a 33-year-old married woman and the mother of six children. She lives with her children at her husband's place in the Massablacoura district of Bougouni. After several years of Koranic schooling, she decided to interest herself in revenue-generating work, especially in the buying and selling of peanut butter which she learned from her mother. With over twelve years of experience, she has a mastery of this business.

Having been introduced to the microfinance institution Soro Yiriwaso through an agent of the institution, she decided to join its loan program and is now on her first loan.

To obtain substantial working capital, she decided to join Soro Yiriwaso to purchase 12 sacks of peanuts that will be processed into peanut butter. She gets her supplies in and around Bougouni. Sales are made to a mix of customers at the big market of Bougouni and at home.

Ms. Assitan is highly appreciated and much in demand in the market due to the quality of her peanut butter. Her sales rate is very high, and this enables her to make a monthly profit of 40,000 francs CFA. With the profits, she envisions ensuring that certain family expenses are covered and improving her enterprise further.
View original language description ↓
Madame Assitan est une femme mariée de 33 ans et mère de 6 enfants. Elle vit avec ses enfants chez son époux dans le quartier Massablacoura de Bougouni.
Après quelques années d’étude à l’école coranique, elle décida de s’intéresser aux activités génératrices de revenus notamment à la vente de la pâte d’arachide apprise auprès de sa mère. Avec une expérience de plus 12 ans, elle maîtrise cette activité. Ayant fait la connaissance de Soro Yiriwaso à travers un agent de l’institution, elle décide d’intégrer le programme de crédit de Soro Yiriwaso avec qui elle est à sa première experience.
Pour obtenir un fonds de roulement consistant elle décide de rejoindre l’institution de microfinance Soro Yiriwaso afin d’acheter 12 sacs d’arachide qui seront transformés en pâte d’arachide. Elle s’approvisionne à Bougouni et environnants. La vente se fait au grand marché de Bougouni et à domicile. Sa clientèle est mixte.
Madame Assitan est très appréciée et sollicitée dans le marché cela est dù à la qualité de ses pâtes d’arachide. La rotation de son activité est très élévée ce qui lui permettra de réaliser un bénéfice mensuel de 40.000 FCFA.
C’est avec ce bénéfice elle ensisage assurer certaines dépenses de la famille et améliorer d’avantage 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
  • 31
    View loans »
    Mali Loans Fundraising
  • $10,386,300
    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 Assitan to purchase peanuts.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Feb 20, 2013
Listed
Feb 26, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2013