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Farima
Born around 1977 in Bangassi, Farima lives with her three children and her husband in a polygamous family setting, in the N'tentou neighborhood of the town of Ouelessebougou.

Farima did not have the opportunity to go to school, so she got involved in income-generating activities at a very young age, buying and selling used clothing and damask "pagnes" in particular (colorful West-African fabrics).

Having duly repaid a previous loan, Farima is taking her second loan with Soro Yiriwaso. She will use her loan to buy two bales of used clothing and 20 sets of damask fabrics from wholesalers. She sells her goods for cash or on credit, from home or at the Ouelessebougou market, to a retail customer base consisting of men and women.

Farima is hoping to make a monthly profit of 80,000 CFA francs, which will be used to help her husband meet the needs of the family, to repay her loan, and to reinvest in her business.
View original language description ↓
Née vers 1977 à BANGASSI, FARIMA vit avec ses 3 enfants et son époux dans une famille polygame dans le quartier N’tentou de la ville de Ouelessebougou.
FARIMA n’a pas eu la chance d’aller à l école, très vite elle s’est intéressée aux activités génératrices de revenus notamment l’achat vente de friperie et de pagnes bazin. Après avoir correctement remboursé le prêt précédent, FARIMA est à son deuxième prêt avec Soro Yiriwaso qui sera utilisé pour acheter, 2 balles de friperie et 20 pièces de bazin auprès des grossistes. Elle effectue ses ventes au comptant, à crédit et en détail, à domicile, dans le marché Ouelessebougou à une clientèle composée d’hommes et de femmes.
FARIMA espère réaliser un bénéfice mensuel de 80.000FCFA qui sera utilisé pour aider son mari à subvenir aux besoins 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
  • 15
    View loans »
    Mali Loans Fundraising
  • $10,173,725
    Funds lent in using Kiva
  • 508.9
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $400 helped Farima to buy clothes for resale.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 16, 2013
Listed
May 22, 2013
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2013