Check out some available loans that are similar to this one!
Fanta
Born around 1975, FANTA lives with her seven children and her husband in a nuclear family in Commune Rurale de Ouelessebougou. She soon became interested in revenue-generating businesses along side her aunt, who used to do commerce in grains. After several years of experience with her aunt, FANTA opted for buying and selling grains and farm produce: peanuts, black-eye peas, millet, fonio, corn, dah, etc.

After having correctly repaid the two previous loans, FANTA is on her third loan with the microfinance institution Soro Yiriwaso. It will be used to purchase 100 of fonio (a kind of millet) from peasant producers (in OUELESSEBOUGOU, KELEYA, and OUROUN) and rarely from local wholesalers. She makes her cash or credit sales at the retail level to a customer base compose essentially of consumers at her home, at the market, and at the surrounding fairs.

FANTA hopes to make a monthly profit of 60,000 francs CFA that will be used to help her husband to meet family needs, pay back the loan, and reinvest in the business.
View original language description ↓
Née vers 1975, FANTA vit avec ses 7 enfants et son époux dans une famille nucléaire dans la commune rurale de Ouelessebougou.
FANTA s’est vite intéressée aux activités génératrices de revenus auprès de sa tante qui faisait le commerce de céréales. FANTA, après des années d’expériences avec cette dernière, opta pour l’achat vente de céréales et produits agricoles : arachide, niébé, mil, fonio, maïs, dah, etc.
Après avoir correctement remboursé les deux prêts précédents, FANTA est à son troisième prêt avec Soro Yiriwaso qui sera utilisé pour acheter, 100 de fonio auprès des paysans producteurs (à OUELESSEBOUGOU, KELEYA et OUROUN) et quelques rare fois avec les grossistes de la place. Elle effectue ses ventes au comptant, à crédit et en détail, à domicile, dans le marché et dans les foires environnantes à une clientèle composée essentiellement de consommateurs.
FANTA espère réaliser un bénéfice mensuel de 60.000FCFA 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
  • 67
    View loans »
    Mali Loans Fundraising
  • $10,809,225
    Funds lent in using Kiva
  • 483.4
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Fanta to purchase gains to sell.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Oct 3, 2013
Listed
Oct 7, 2013
Currency Exchange Loss:
Possible
Ended:
Jul 18, 2014