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Karoline
Born around 1974 in Ouelessebougou, Karoline lives with her husband and three children in a nuclear family in the rural area of Ouelessebougou.

Unable to continue with her studies, Karoline looked for money making opportunities such as sale of drinks, basic foods and catering.

She has fully repaid her first six loans, and this will be her seventh individual loan. Karoline buys her supplies once a week in Bamako, and she will use this loan to buy 60kgs of ingredients, 1 tonne of cereals, tubers and a large quantity of drinks for her restaurant business.

Karoline expects to earn a monthly average of 100,000 francs CFA which she will use to repay her loan and reinvest in her business. in the future, she intends to use the services of the field partner, Soro Yiriwaso, to open further restaurants in other areas as the need arises.
View original language description ↓
Née vers 1974 à OUELESSEBOUGOU, KAROLINE vit avec ses 3 enfants et son époux dans une famille nucléaire dans la commune rurale de Ouelessebougou.
N’ayant pas eu la chance d’avancer dans les études, très vite KAROLINE s’est intéressée aux activités génératrices de revenus, telles l’achat vente des boissons, des denrées alimentaire et de la restauration.
Après avoir correctement remboursés les six prêts précédents, elle est à son septième prêt individuel. Elle s’approvisionne une fois par semaine à Bamako et compte avoir avec ce prêt, 60 kilogrammes de condiments, une tonne de céréales, des tubercules et une quantité importante de boissons à des fins de restauration.
Elle espère réaliser un bénéfice moyen mensuel de 100. 000 FCFA qui servira à rembourser les échéances du prêt et investir le reste dans les affaires.
Elle compte toujours sur l’appui financier de Soro Yiriwaso pour l’ouverture de nouveau restaurant en d’autre localité où le besoin se pose.

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
  • 21
    View loans »
    Mali Loans Fundraising
  • $9,946,875
    Funds lent in using Kiva
  • 487.9
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,025 helped Karoline to buy ingredients for her restaurant business.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 8, 2013
Listed
Nov 19, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2014