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Massaba
Born in 1960 in N’PIEBOUGOU, MASSABA lives with her eight children and husband in a traditional families in the SEGUESSONA district of Ouelessebougou City. Not having had the chance to advance in her studies, MASSABA soon became interested in revenue-generating businesses, especially in buying and selling clothing from Bamako and Wax 'pagnes' (the colorful cloth of western Africa) from Lomé (in Togo).

MASSABA is on her third loan with the microfinance institution Soro Yiriwaso. It will be used to purchase 50 lengths of Wax 'pagne' cloth from wholesalers. Accepting cash or credit, she sells retail to a customer base composed of men and women at home, at the market, and at surrounding fairs (Sido, Sélingué, Keleya). MASSABA hopes to make a monthly profit of 90,000 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 en 1960 à N’PIEBOUGOU, MASSABA vit avec ses huit enfants et son époux dans une famille traditionnelle dans le quartier SEGUESSONA de la ville de Ouelessebougou.
N’ayant pas eu la chance d’avancer dans les études, très vite MASSABA 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).
MASSABA est à son troisième 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, dans le marché et dans les foires environnantes (Sido, Sélingué, Keleya) à une clientèle composée d’hommes et de femmes.
MASSABA espère réaliser un bénéfice mensuel de 90.000FCFA 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
  • 17
    View loans »
    Mali Loans Fundraising
  • $10,188,875
    Funds lent in using Kiva
  • 483.4
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $850 helped Massaba to purchase clothing to sell.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Oct 4, 2013
Listed
Oct 7, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2014