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Marie Madellene
Marie Madellene is 62 years old, married, and the mother of five children. She lives with her husband and children in the Sébougou neighborhood, Cercle of Ségou (fourth administrative region of the republic of Mali).

Since she did not attend school, due to social circumstances, Marie Madellene got involved in income-generating activities at a very young age, following her mother who was selling condiments. After several years of apprenticeship alongside her mother, she ended up conducting several activities by herself (selling clothes and shoes etc.) long before she started selling groundnuts. Marie Madellene has now been involved in this activity for 18 years and she enjoys a good network of customers. She owes her strength as a seller to her ability to build customer loyalty, to her reasonable prices and to the good quality of her merchandise.

She turned to Soro Yiriwaso in order to increase her business and to meet customer demand. She has been a client of Soro Yiriwaso for the past six years and has already taken one solidarity loan and one individual loan, which have all been duly repaid. This loan, her second individual loan, will be used to buy 15 bags of groundnuts. She buys her merchandise from producers, in the town of San.

Marie Madellene sells for cash and on credit to a customer base which mostly consists of women. Thanks to this loan, she is expecting to make a monthly profit of 60,000 CFA francs, which will help her to take care of the family's expenses and to increase her business.

Her ambition is to build a house.
View original language description ↓
Madame Marie Madellene est âgée de 62 ans, mariée et mère de 5 enfants. Elle vit chez son mari avec ses enfants au quartier Sébougou extension de Ségou (quatrième région administrative de la république du Mali).
N’ayant pas fréquenté l’école pour des raisons sociales, elle commença très tôt à faire les activités génératrices de revenus auprès de sa mère qui vendait des condiments. Après plusieurs années d’apprentissage à son coté, elle finit seule à mener plusieurs activités (vente d’habits et chaussures etc.) bien avant d’embrasser le commerce d’arachide. Elle fait cette activité depuis 18 ans et bénéficie d’un bon réseau de clientèle. Sa force de vente est due à sa technique de fidéliser de sa clientèle mais également à son prix abordable ainsi qu’à la qualité de sa marchandise.
Dans le but d’augmenter son fonds de commerce pour faire face à la demande clientèle, elle a fait recours à Soro Yiriwaso, elle est en relation avec cette dernière depuis 72 mois, après 10 prêts solidaires et 1 prêt individuel bien remboursés, elle est à son 2ème prêt individuel qu’elle compte utiliser pour acheter, 15 sacs d’arachide, elle s’approvisionne à San auprès des producteurs.
Madame Marie Madellene vend au comptant et à crédit à une clientèle composée majoritairement de femmes et avec ce prêt elle envisage réaliser un bénéfice mensuel 60.000 FCFA. Ce dernier lui permettra de prendre en charge les dépenses familiales et d’augmenter son fonds de commerce. Son ambition est de construire une maison.

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
  • 19
    View loans »
    Mali Loans Fundraising
  • $10,726,175
    Funds lent in using Kiva
  • 503.0
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Marie Madellene to buy some bags of groundnuts.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 8, 2013
Listed
May 13, 2013
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2014