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Aminata
Born in Tombouctou (in the sixth administrative region of the Republic of Mali), Aminata is 41 years old, married, and a mother of eight children. She lives with her husband and her children in the Massablacoura neighborhood in the town of Bougouni (in the third administrative region of the Rebublic of Mali).

Aminata has been selling pagnes [brightly colored fabrics] for more than ten years. She runs this business and is very sought-after in the town. She learned this business from her mother.

In order to strengthen her business and satisfy her customers, she decided to work with the micro-finance institution Soro Yiriwaso. She is on her second loan, and her previous loan has been repaid correctly. With this loan, she will buy 15 lengths of pagne [brightly colored fabric]. She procures her goods in Bamako (the capital of the Republic of Mali). Her pagnes are sold for cash and sometimes for credit to men and women customers in town. Often, she also sells her goods in areas where people pan for gold.

With this loan she hopes to earn an average monthly income of 80,000 francs CFA. With these earnings, she expects to support her needs, pay the interest on the loan, and to expand her business.
View original language description ↓
Née à Tombouctou (Sixième Région administrative de la République du Mali), Madame Aminata est âgée de 41 ans mariée et mère de 8 enfants. Elle vit avec son époux et ses enfants dans le quartier Massablacoura de la ville de Bougouni (troisième Région administrative de la République du Mali). Elle mène les activités d’achat et de vente des pagnes de depuis plus de 10 ans. La maîtrise de son activité lui a permis d’être très sollicitée dans la ville. Elle a appris cette activité dès son âge auprès de sa mère. Dans le cadre du renforcement de son activité et à satisfaire sa clientèle, elle a décidé de collaborer avec l’institution de microfinance Soro Yiriwaso. Elle est à son 2 ème prêt et le prêt précédent a été bien remboursé.
Avec ce prêt elle achètera 15 pièces de pagnes. Elle s’approvisionne à Bamako (Capitale de la République du Mali). Ses pagnes sont vendus au comptant et parfois à crédit à des clients composés d’hommes et de femmes de la ville et souvent elle les transportent dans certaines lieux d’orpaillages.
Elle envisage réaliser avec ce prêt un bénéfice mensuel de 80 000 FCFA. Avec ce bénéfice elle compte subvenir à ses besoins, payer les intérêts du prêt et à agrandir son entreprise.

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
  • 30
    View loans »
    Mali Loans Fundraising
  • $10,386,300
    Funds lent in using Kiva
  • 496.8
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,025 helped Aminata to buy pagnes [brightly colored fabrics].
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Aug 28, 2013
Listed
Sep 7, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2014