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Aminata
Aminata is 56, married and the mother of six children. She lives with her husband and her children in the district of Kouloukoro, prefecture of Koutiala, (Sikasso region). She left school prematurely so she took up money-earning activities more than 15 years ago. She has engaged in various activities such as buying and selling firewood, homemade soap, condiments, etc. She has been a client of Soro Yiriwaso for more than eight years. She took out group (solidarity) loans and now she is on her seventh individual loan, with all the preceding loans correctly reimbursed.

Aminata intends to use this loan to buy various items to stock: sacks of "fakoye" and "bissap" (hibiscus flowers) and traditional soap. She makes her sales in front of her door, for cash, to a mixed clientele. With this loan she expects to make a profit of 50,000 f CFA per month, which she will use to reimburse the interest charged by Soro Yiriwaso, contribute to the daily expenditures of her family, and invest the rest in her business.
View original language description ↓
Aminata est âgée de 56 ans, mariée et mère de 6 enfants. Elle réside avec son mari et ses enfants dans le quartier Kouloukoro de la préfecture de Koutiala (Région de Sikasso). Elle a prématurément abandonné les études, ainsi elle a embrassé les activités génératrices de revenus depuis plus de 15 ans. Elle mène plusieurs activités telle que : l’achat-vente du bois de chauffage, le savon artisanal, les petits condiments, etc. Mme est une cliente de Soro depuis plus de 8 ans, elle a pris des prêts en groupe (prêt solidaires), elle est à son 7ème prêt individuel, et tous les précédents ont été bien remboursés.
Aminata envisage utiliser ce prêt pour l’achat des produits divers pour les stocker : sacs de Fakoye, de bissap et de savons traditionnels. Elle effectue sa vente devant sa porte à une clientèle mixte au comptant. Avec ce prêt, elle envisage réaliser un bénéfice de 50 000 FCFA par mois, qu’elle utilisera pour le remboursement des taux d’intérêts de Soro, contribuer aux dépenses quotidiennes de sa famille et investir le reste dans son activité.

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
  • 490.6
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Aminata to buy various articles for resale.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 16, 2013
Listed
Aug 29, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 17, 2014