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Lala Lemou
Lala Lemou is 47 years old and lives with her husband and their 7 children in Noumousso, one of the popular districts of Kadiolo town (3rd administrative region of the Republic of Mali). Lala Lemou has been selling dyed damask boubous (long, loose-fitting African garments) and incense for over 10 years. She runs her business with her family in the Noumousso district, where her products are highly sought after by her clientèle because of their quality.

In order to satisfy her ever-growing clientèle, she has requested a loan from the Soro Yiriwaso microfinance institution and is now on her 9th loan cycle. Her loan will enable her to buy 20 pieces of damask pagnes (colourful and decorative West African cloth) of varying quality, 10 kgs of “magnon kisenin - gueunnin” grains and 15 bottles of perfume in Bamako. After she has dyed the pagnes and made them into boubous, she sells them, and she also sells the incense once she has made it from the grains and perfume. She sells her products for cash or credit in Kadiolo, door-to-door and on the street, to a clientèle made up of men and women. Thanks to this loan, she expects to make an average monthly profit of 150 000 francs, a large part of which will be used to increase her business, and the rest of which will go towards covering the family expenses and the interest payments on her loan.
Madame LALA LEMOU a 47 ans, elle réside avec son époux et leurs sept enfants à Noumousso, un des quartiers populaires de la ville de Kadiolo ( troisième région administrative de la république du Mali).
Madame LALA LEMOU fait la commercialisation de boubous bazins teintés et d’encens il y’a plus de 10 ans. Elle mène son activité dans sa famille au quartier Noumousso où elle est beaucoup sollicitée par sa clienèle pour la qualité de ses produits.
Pour satisfaire sa clientèle de plus en plus croissante, elle a sollicité l’institution de microfinance Soro Yiriwaso et est à son 9 eme cycle maintenant.
Son prêt lui permettra d’acheter 20 pièces de pagnes bazins (riche – moins riche), 10kg de graines de “magnon kisenin - gueunnin” et 15 bouteilles de parfums à Bamako. Après teinture et couture des pagnes bazins les boubous sont vendus. De même que les graines et parfums après transformation en encens sont vendus. Elle les vend au comptant et à crédit à Kadiolo à une clientèle composée d’hommes et de femmes à domicile et de façon ambulante.
Elle envisage réaliser avec ce prêt un bénéfice mensuel moyen de 150 000 FCFA qui sera utilisé en grande partie pour augmenter son fonds de commerce, contribuer aux dépenses familiales et payer les intérêts de son prêt.

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

  • $1,100
    Average annual income
  • 40
    View loans »
    Mali Loans Fundraising
  • $11,450,100
    Funds lent in using Kiva
  • 502.2
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Lala Lemou to buy 20 pieces of damask pagnes, 10 kgs of “magnon kisenin - gueunnin” grains and 15 bottles of perfume.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 20, 2013
Listed
Mar 7, 2013
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2013