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Anchata
Mrs. Anchata was born circa 1983 in Sikasso. She's married and the mother of three children. She lives with her husband and their children in a nuclear family in Sanoubougou I, an outlying neighborhood in Sikasso.

After unsuccessfully trying several businesses, she started her retail business six years ago. She buys and sells clothing such as Wax pagnes (colorful African cloth) and embroidered fabrics, as well as other items such as handbags.

She gets her supplies in Bobo Dioulasso (Burkina Faso) and resells at her spot at the local market. Thanks to their quality, her products are in high demand from her clientele, which comprises mostly housekeepers and market sellers.

Eager to better meet an ever-increasing customer demand, she decided one year ago to join Kiva's partner, the MFI Soro Yiriwaso. She's now seeking her second loan in order to bolster her working capital and buy 15 lengths of Wax pagnes, 10 embroidered suits, and 10 handbags.

Thanks to her loan, she intends to turn an average monthly profit of XOF 70'000 (ca US$ 140), to be used mainly to contribute to the family's expenses and pay the interests on her loan. She will invest the remainder in her business.
View original language description ↓
Née vers 1983 à Sikasso, Madame Anchata est mariée et mère de 3 enfants et réside avec son époux et leurs enfants dans une famille nucléaire à Sanoubougou I, un des quartiers périphériques de la ville de Sikasso.
Après plusieurs activités sans succès, elle s’est initiée depuis plus de six années à cette activité de petit commerce notamment à l’achat et à la vente d’habillements (pagne wax, tissus brodé.) de sacs à main etc. Elle achète ses marchandises à Bobo Dioulasso (au Burkina Faso) avant de les revendre à sa place au marché de leur localité où ses marchandises sont beaucoup sollicitées de sa clientèle (composée essentiellement de femmes de ménages et de vendeuses du marché ) pour leur qualité.
Dans le souci de mieux satisfaire sa clientèle de plus en plus croissante, elle décida d’intégrer l’institution de microfinance Soro Yiriwaso depuis plus d’une année. Ainsi, elle sollicite un deuxième crédit pour augmenter son fonds de commerce afin d’acheter 15 pièces de pagne wax, 10 complets de tissus brodé et 10 sacs à main.
Elle envisage réaliser avec ce crédit un bénéfice mensuel de 70 000 FCFA qui sera utilisé essentiellement pour contribuer aux dépenses familiales, payer les intérêts de son prêt et investir le reste dans son activité.

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
  • $10,710,025
    Funds lent in using Kiva
  • 502.2
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Anchata to buy 15 lengths of Wax pagnes (colorful African cloth), 10 embroidered suits, and 10 handbags.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 19, 2013
Listed
Mar 7, 2013
Currency Exchange Loss:
Possible
Ended:
Feb 17, 2014