Check out some available loans that are similar to this one!
Kadia
Mrs Kadia is a married woman, 35 years old, and the mother of six children who lives with her husband and their children in the Hérémakono Centre neighborhood of the city of Bougouni. She did not attend school, and from an early age, became involved in income-generating activities. She followed her sister, and both are now involved in the purchase and sales of peanuts. She is now recognized and respected for this activity, which she has been doing for several years. Subsequent to a loan provided by an association of women in her neighborhood, which was successfully reimbursed, she is asking for her first individual loan in order to purchase 400 kg of peanuts. She stocks up in neighboring villages from local farmers, and sell the proucts from her home or at th market, individually or wholesale, and often for credit, to a customer base largely composed of consumers. She hopes this loan will allow her to achieve monthly profits of 30 000 FCFA (approximately 60 USD) that she will use to help her husband take care of the family expenses, to reimburse the loan, and to reinvest in her commercial activity.
View original language description ↓
Madame Kadia est une femme mariée de 36 ans et mère de 6 enfants qui vit avec son èpoux et ses enfants dans le quartier Hérémakono Centre de la ville de Bougouni.
N’ayant pas fréquentée l’école moderne très vite elle commença à mener des activités génératrices des revenus. C’est ainsi qu’elle décida de suivre sa sœur pour apprendre l’activité d’achat et de vente d’arachide.
Nantie de plusieurs années d’expériences, elle maitrise cette activité dans laquelle elle est très sollicitée et appréciée.
Après un prêt solidaire dans une association de femmes de son quartier, qui fut correctement remboursé, elle décide de venir au prêt individuel et elle est à son premier prêt individuel qui sera utilisé pour acheter, 400 kg d’arachide. Elle s’approvisionne dans les villages environnants de Bougouni auprès des paysans producteurs. La vente se fait à la maison et au marché, en détail au comptant et souvent à crédit à une clientèle constituée essentiellement de consommateurs.
Elle envisage réaliser avec ce prêt un bénéfice mensuel de 30.000 FCFA qui sera utilisé pour aider son époux à subvenir aux dépenses de la famille, rembourser le prêt et réinvestir dans les activités.

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
  • 154
    View loans »
    Mali Loans Fundraising
  • $11,272,850
    Funds lent in using Kiva
  • 497.8
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $325 helped Kadia purchase peanut paste.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Apr 25, 2013
Listed
May 3, 2013
Currency Exchange Loss:
Possible
Ended:
May 17, 2014