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Aminata
Madam Aminata was born in 1966 in Niena where she lives in a traditional family with her spouse (third administrative region of the republic of Mali).

She has been managing businesses buying and selling cereals for about 10 years. Her experience in this domain has brought her a good reputation and she receives orders from a variety of customers. Thus to have the resources necessary to satisfy her customers, she decided to collaborate with the Microfinance Institution Soro Yiriwaso, with whom she has already had 4 loans all repaid.

This new loan will allow her to buy 2 tons and a half of corn. She gets her supplies in Niena from the producers and in the surrounding villages. Her sales are made in the village of Niena. Her clientele consists mostly of men.

With this loan, she envisions making an average monthly profit of 45,000 FCFA per month. This profit will allow her to meet the financial obligations of her loan and to invest the rest in her business.

She plans to become a wholesaler with a good reputation.
View original language description ↓
Madame Aminata est née en 1966 à Niena où elle vit dans une famille traditionnelle avec son époux (troisième région administrative de la république du Mali).
Elle mène des activités d’achat et de vente de céréales depuis une dizaine d’année. Son expérience dans ce domaine, lui a valu une bonne réputation et reçoit des commandes de divers clients. Ainsi pour avoir les ressources nécessaires afin de satisfaire ses clients, elle décida de collaborer avec l’Institution de Micro Finance Soro Yiriwaso, avec qui elle a déjà eu 4 prêts tous remboursés.
Ce nouveau prêt lui permettra d’acheter 2 tonnes et demi de maïs. Elle s’approvisionne à Niena auprès des producteurs et dans les villages environnants. Les ventes sont faites au niveau du village de Niena. Sa clientèle est composée pour la plus part d’hommes.
Avec ce prêt, elle envisage réaliser un bénéfice mensuel moyen de 45.000 FCFA par mois. Ce bénéfice lui permettra de faire face aux échéances de son prêt et investir le reste dans son activité.
Elle compte devenir un grossiste de bonne renommée.

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
  • 13
    View loans »
    Mali Loans Fundraising
  • $10,215,175
    Funds lent in using Kiva
  • 512.4
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Aminata to buy cereals.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Mar 12, 2013
Listed
Apr 3, 2013
Currency Exchange Loss:
Possible
Ended:
Jan 17, 2014