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Salimata
Born around 1966 in Divo, in the Republic of Côte d'Ivoire, Salimata now resides in the town of Kolondièba (prefecture of the third administrative region of Mali). She lives with her husband and her seven children in a traditional family.

Salimata developed an interest for income-generating activities at an early age. She became particularly interested in buying and selling wax "pagnes" (colorful West-African fabrics) as well as various other goods (jewelry, perfumes, eggs etc.) Her products are in high demand, especially on market days.

With ten years of experience in her field, she is collaborating with Soro Yiriwaso in order to boost her business and meet the needs of an increasing number of customers. She has repaid a previous loan and is now taking her second loan.

Salimata plans to use her loan to buy ten sets of "pagnes" and some boxes of jewelry. She buys her merchandise in the Republic of Côte d'Ivoire and from wholesalers in the town of Kolondièba. She sells for cash and on a retail basis, and sometimes for credit, at the market. She also sells with her family and door to door. Her customer base consists of men and women.

Salimata hopes to make an average monthly profit of 30,000 CFA francs, which will be used to meet her family's needs and to repay her loan. Part of her profits will also be reinvested in her business.
View original language description ↓
Né vers 1966 à DIVO en RÉPUBLIQUE DE COTE-D’IVOIRE, elle réside à Kolondièba - ville (Préfecture de la 3ème Région administrative du Mali) avec ses 7 enfants et son mari dans une famille traditionnelle.
Madame SALIMATA s’est vite intéressée aux activités génératrices de revenus notamment à l’achat vente des pagnes wax et produits divers (parures, parfums, des œufs etc.). Elle est très sollicitée au marché et surtout le jour de foire.
Fort de ses 10 années d’expériences dans le domaine, elle collabore avec Soro Yiriwaso pour augmenter son fonds de commerce afin de satisfaire sa clientèle qui ne cesse de grandir et est à son deuxième prêt, après avoir remboursé le précédent.
SALIMATA compte utiliser son prêt pour acheter 10 pièces de pagnes et des colis de parures. Elle s’approvisionne en (RCI) et chez les grossistes à Kolondièba ville. Elle effectue ses ventes au comptant en détail et quelques fois à crédit au marché, en famille et de façon ambulante à une clientèle composée d’hommes et de femmes.
SALIMATA espère réaliser un bénéfice mensuel moyen de 30.000FCFA qui sera utilisé pour 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

  • $1,100
    Average annual income
  • 32
    View loans »
    Mali Loans Fundraising
  • $11,460,850
    Funds lent in using Kiva
  • 511.5
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Salimata to buy various goods such as ten sets of "pagnes" (colorful West-African fabrics) and some boxes of jewelry.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Jun 27, 2013
Listed
Jul 10, 2013
Currency Exchange Loss:
Possible
Ended:
Jul 18, 2014