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Kassipin
Married, and the mother of six children, Kassipin is 51 years old and lives with her ​​husband and children in the city of Koutiala (in the Sikasso region). For social reasons, Kassipin did not have the chance to continue her primary education. For this reason, she became interested in income-generating activities with her mother at a young age. After attempting several businesses without success, she finally started her current business of buying and selling various merchandise.

To satisfy her customers' demand and expand her business, Kassipin decided seven years ago to collaborate with the microfinance institution Soro Yiriwaso. With her solidarity loans (i.e. loans as part of a group) all fully repaid, Kassipin is currently on her sixth individual loan, with her prior loans repaid in full. With this loan, Kassipin plans to purchase an assortment of utensils and cups from Ghana and Togo. She sells her merchandise from her home for cash or on credit to a clientele composed mainly of women.

Kassipin hopes to earn an average monthly income of 75,000 FCFA. She plans to use the money she earns to repay her loan from Soro, and to help pay for the family's household expenses. The remainder Kassipin will invest into further income generating activities.
View original language description ↓
Mariée et mère de 6 enfants, Kassipin est âgée de 51 ans et vit avec son époux et ses enfants dans la ville de Koutiala (région de Sikasso).
Pour des raisons sociales, elle n’a pas eu la chance de continuer les études primaires, raison pour laquelle elle s’est vite intéressée aux activités génératrices de revenus depuis à bas âge auprès de sa mère. Après avoir mené plusieurs activités sans réussite, elle finit par se lancer dans cette activité d’achat et de vente d’articles divers. Pour satisfaire sa clientèle en quantité, augmenter la taille de son activité, elle décida de faire recours à l ‘institution de micro finance Soro Yiriwaso il y a plus de 7 ans. Après des prêts solidaires (prêt de groupe) tous correctement remboursés, elle est à son 6ème prêt individuel dont les précédents ont été correctement remboursé. Avec ce prêt, elle compte acheter des différentes sortes d’ustensiles et de tasses en provenance de Ghana et Togo, elle effectue sa vente en domicile à une clientèle de femmes en générale au comptant ou à crédit.
Elle compte réaliser un bénéfice moyen de 75.000 FCFA par mois qu’elle envisage utiliser pour le remboursement des intérêts de Soro, participer aux dépenses quotidiennes de sa famille et investir le reste dans d’autres activités génératrices de revenus.

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
  • 31
    View loans »
    Mali Loans Fundraising
  • $10,386,300
    Funds lent in using Kiva
  • 492.9
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Kassipin to purchase an assortment of utensils and cups for resale.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 10, 2013
Listed
Jun 13, 2013
Currency Exchange Loss:
Possible
Ended:
May 17, 2014