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Fanta
Fanta was born around 1979 in Bamako, she lives with her husband and two children in a nuclear family in N'Tentou, in the town of Ouelessebougou (Koulikoro region of the Republic of Mali). Fanta did not have the opportunity to continue with her school studies, and began earning a living at a young age.

This will be Fanta's first loan with the field partner, Soro Yiriwaso, and it will be used to buy fabric, wax pagnes (traditional wrap-around clothing) and cups for resale. She buys her supplies in Lome in Burkina Faso, and sells her products for cash or credit, from her home and at the local fairs and markets. Her customers are both men and women.

Fanta expects to earn a monthly average of 75,000 francs CFA, which will be used to help her husband provide for the needs of their family, repay her loan and reinvest in her business.
View original language description ↓
Née vers 1979 à BAMAKO, FANTA vit avec ses 2 enfants et son époux dans une famille nucléaire à N’TENTOU dans la ville de Ouelessebougou (REGION DE KOULIKORO, République du MALI).
FANTA n’a pas eu la chance de progresser à l’école, très vite elle s’est intéressée aux activités génératrices de revenus.
FANTA est à son premier prêt avec Soro Yiriwaso qui sera utilisé pour acheter, des tissus, wax réal et des tasses. Elle s’approvisionne en marchandises au LOME, BURKINA FASO et effectue ses ventes au comptant, à crédit et en détail, à domicile, au marché et dans les foires environnantes à une clientèle composés d’hommes et de femmes.
FANTA espère réaliser un bénéfice mensuel de 75.000FCFA 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
  • 83
    View loans »
    Mali Loans Fundraising
  • $10,874,800
    Funds lent in using Kiva
  • 481.4
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Fanta to buy various products for resale.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 30, 2014
Listed
Feb 10, 2014
Currency Exchange Loss:
Possible
Ended:
May 18, 2014