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Assetou
Assetou was born in April 1978 in Sikasso. She is married, has four children and lives in a social housing unit in Sikasso (third administrative region of the Republic of Mali). Assetou has been selling women's clothing for around four years, she makes her sales on foot.

In order to respond better to the growing demands of her customers, Assetou works with the field partner, Soro Yiriwaso. This will be her second loan with the organisation.

Assetou buys her supplies in Bamako and Dakar. She will use this loan to buy ten pieces of damask and ten pieces of other fabric, which she will then sell on foot, to women, for cash or on credit. She expects to earn a monthly average of 40,000 francs CFA, and will use her earnings to repay her loan and interest. She will save the rest of her earnings.
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Madame ASSETOU née en Avril 1978 à Sikasso, elle est mariée, mère de 4 enfants et réside avec son époux aux logements sociaux ATTBOUGOU à SIKASSO 3ième région administrative de la république du MALI.
Madame ASSETOU mène les activités d’achat et de vente d’habillements pour femmes il ya environ quatre ans, elle mène cette activité de façon ambulante.
Dans le souci de mieux satisfaire sa clientèle de plus en plus croissante, elle sollicite auprès de l’Institution de Micro Finance Soro Yiriwaso un deuxième prêt.
Elle s’approvisionne à Bamako et à Dakar. Ce prêt lui permettra de faire l’achat d’environ 10 pièces de bazin et 10 pièces de tissus pour la revente en détail en ambulante à une clientèle composée principalement des femmes au comptant et à crédit.
EIle envisage réaliser un bénéfice mensuel moyen de 40 000 francs CFA par mois. Ce bénéfice lui permettra d’une part de payer le prêt et son intérêt et l’autre part pour son épargne.

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
  • 26
    View loans »
    Mali Loans Fundraising
  • $11,465,250
    Funds lent in using Kiva
  • 478.7
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD