Check out some available loans that are similar to this one!
Mamou
Mamou is 55 years old and a mother of eight children. She lives with her husband and children in the Dialanicoro neighborhood of Bougouni. Not having gone to school, she quickly started working to earn a living. She decided to follow her sister and learn how to buy and sell condiments. With an experience of more than five years, she is very sought after and appreciated in the town.

In order to expand her business, she decided to join the micro-finance institution [Soro Yiriwaso]. This is her first loan and she will use it to buy 6 cartons of tomato paste, five boxes of Maggi, 5 sacs of onions, 3 cans of oil, and 10 sacs of iodized kitchen salt. She procures her goods from a large market in Bamako and sells them in a large market in Bougouni.

With this loan, she hopes to earn an average monthly income of 85,000 francs CFA. With these earnings, she hopes to expand her business.
View original language description ↓
Madame Mamou est âgée de 55 ans et mère de 8 enfants. Elle vit avec son époux et ses enfants dans le quartier Dialanicoro de Bougouni.
N’ayant pas fréquentée l’école moderne très vite elle commença à mener des activités génératrices de revenus. C’est ainsi qu’elle décida de suivre sa sœur pour apprendre l’activité d’achat et de vente des condiments. Avec une expérience de plus de 5 ans, elle maitrise cette activité dans laquelle elle est très sollicitée et appréciée dans la ville.
Dans le cadre de l’élargissement de ses activités, elle décida de rejoindre l’institution de microfinance avec qui elle est à son premier prêt qui sera utiliser pour acheter, 6 cartons de concentrée de tomate, 5 cartons de cube maggi, 5 sacs d’oignon, 3 bidons d’huile et 10 sacs de sel de cuisine iodé. Elle s’approvisionne au grand marché de Bamako et la vente se fait au grand marché de Bougouni.
Elle compte réaliser avec ce prêt un bénéfice mensuel de 85 000 FCFA. Avec ce bénéfice elle envisage agrandir 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
  • 9
    View loans »
    Mali Loans Fundraising
  • $10,183,000
    Funds lent in using Kiva
  • 504.8
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Mamou to buy condiments.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Apr 18, 2013
Listed
Apr 25, 2013
Currency Exchange Loss:
Possible
Ended:
May 17, 2014