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Nana Siata
Nana Siata was born around 1984 in Timbuktu. She is the mother of 5 children and lives in a traditional family in the Heremakono neighborhood to the North of the city of Bougouni (in the third Administrative Region of the Republic of Mali).

She has been in the business of selling rugs and cups for more than 8 years. Her experience in the domain has earned her a good reputation and helped her get orders for rugs and cups. So in order to have the necessary resources to satisfy her customers, she is working with the Soro Yiriwaso microfinance institution.

She is now on her 2nd loan, after having repaid the first one on time. This loan will enable her to buy a large quantity of rugs and cups. She gets her merchandise in Bamako and sells it for cash, retail, and on credit to male and female customers in the different neighborhoods of Bougouni and from her home.

With this loan, she plans on earning an average monthly income of 130,000 CFA Francs. This income will allow her to pay the interest on her loan and to invest the rest in her business.
View original language description ↓
Madame NANA SIATA est née vers 1984 à Tombouctou. Mère de 5 enfants elle vit dans une famille traditionnelle dans le quartier Heremakono Nord de la ville de Bougouni (troisième région administrative de la république du Mali).
Elle mène des activités de commercialisation des tapis et tasses depuis plus de 8 ans. Son expérience dans ce domaine, lui a valu une bonne réputation et reçoit des commandes de tapis et tasses. Ainsi pour avoir les ressources nécessaires afin de satisfaire ses clients, elle collabore avec l’Institution de microfinance Soro Yiriwaso. Elle est à son 2 eme prêt maintenant, le prêt passé a été correctement remboursé.
Ce prêt lui permettra d’acheter, une grande quantité de tapis et de tasses. Elle s’approvisionne à Bamako et vend au comptant, en détail et à crédit à une clientèle mixte dans les différents quartiers de la ville de Bougouni et à la maison.
Avec ce prêt, elle envisage réaliser un bénéfice mensuel moyen de 130 000 FCFA. Ce bénéfice lui permettra de payer les intérêts de son prêt et investir le reste dans son activité.

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.

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About Mali

  • $1,100
    Average annual income
  • 33
    View loans »
    Mali Loans Fundraising
  • $11,450,075
    Funds lent in using Kiva
  • 478.2
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD