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Haby
Born around 1969 in Kolomina, Haby lives, with her husband and three children, in a traditional family in the Lafiabougou district of the town of Selingue. Being unable to continue with her studies, Haby quickly became interested in money-making activities, notably in buying and selling clothes from Bamako and wax pagnes (traditional wrap-around clothing) from Lomé, in Togo. This will be Haby's second loan from the field partner Soro Yiriwaso, and it will be used to buy 50 wax pagnes from wholesalers.

Haby makes cash, credit and retail sales from her home, at the market and at fairs local to Kangare. Her customers are both men and women. Haby hopes to make a monthly profit of 50,000 francs CFA, which will be used to help her husband with the financial needs of their family, to repay the loan and to reinvest in their businesses.
View original language description ↓
Née vers 1969 à KOLOMINA, HABY vit avec ses trois enfants et son époux dans une famille traditionnelle dans le quartier LAFIABOUGOU de la ville de SELINGUE.
N’ayant pas eu la chance d’avancer dans les études, très vite HABY s’est intéressée aux activités génératrices de revenus notamment l’achat vente des habits en provenance de BAMAKO et des pagnes wax de Lomé (au Togo).
HABY est à son deuxième prêt avec Soro Yiriwaso qui sera utilisé pour acheter, 50 pièces de pagnes wax auprès des grossistes. Elle effectue ses ventes au comptant, à crédit et en détail, à domicile, au marché et dans les foires environnantes (de KANGARE) à une clientèle composée d’hommes et de femmes.
HABY espère réaliser un bénéfice mensuel de 50.000FCFA 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
  • 36
    View loans »
    Mali Loans Fundraising
  • $10,710,275
    Funds lent in using Kiva
  • 484.6
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $525 helped Haby to buy clothing.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 11, 2013
Listed
Sep 23, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2014