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Marie Madeleine
Mrs. Marie, age 58, is a widow and the mother of seven children. She lives with them in Torakabougou, a neighborhood in Bougouni.

She did not receive a formal education, and became interested early on in revenue-generating businesses, in particular the buying and selling of condiments and smoked fish.

She learned this trade from her mother. Having more than ten years of experience, she's very much in demand and much appreciated in Bougouni and the area around.

Eager to satisfy an ever-increasing clientele, she's seeking support from Kiva's partner, Soro Yiriwaso, from which she already obtained seven solidarity loans (group loans) that were all repaid without problems.

Marie is seeking her first personal loan, to be used to buy 75 kg of smoked fish. She gets her supplies in Mopti Region, the fifth administrative region of Mali.

She sells at the market in Torakabougou, but also at her home, to a mixed-gender clientele. Her inventory turnover is very high, and she foresees turning a monthly profit of XOF 40'000 (ca US$ 80).

With her profits, she will take care of some of the family's expenses and further improve her business.
View original language description ↓
Madame Marie est une veuve de 58 ans et mère de 7 enfants. Elle vit avec ses enfants dans le quartier Torakabougou de Bougouni.
N’ayant pas fréquenté l’école moderne, très vite elle s'intéressera aux activités génératrices de revenu notamment à l’achat vente des condiments et des poissons fumés. Elle a appris cette activité auprès de sa mère. Avec une expérience de plus 10 ans elle est très sollicitée et appréciée à Bougouni et environs. Dans le souci de satisfaire cette clientèle de plus en plus nombreuse, elle fait recours à Soro Yiriwaso avec qui elle à déjà bénéficié de 7 prêts solidaires tous correctement remboursé.; Marie est à son premier prêt individuel qui sera utiliser pour acheter 75kg de poissons fumés. Elle s’approvisionne à Mopti 5ème Région Administrative du Mali. La vente se fait au marché de Torakabougou mais aussi à la maison. Sa clientèle est mixte. La rotation de son activité est très élevée et elle envisage réaliser un bénéfice mensuel de 40 000 FCFA.
C’est avec ce bénéfice qu’elle assurera certaines dépenses de la famille et améliorera 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

  • $1,100
    Average annual income
  • 5
    View loans »
    Mali Loans Fundraising
  • $11,619,150
    Funds lent in using Kiva
  • 497.8
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD