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Kortimi
Mrs. Kortimi is 60 years old and married with eight children. She is in a polygamous marriage and lives with her husband in the Koko quarter in the Koutiala prefecture, Sikasso region. She has various commercial activities based on the sale of traditional Bazin fabric, charcoal, and she has also been a dyer for more than 20 years. Her activities bring in adequate income, and she is well known as she receives a lot of customers. To satisfy her clientele and reinforce her business, this lady now collaborates with the Soro Yiriwaso micro-finance institution and this is her first loan request. She will use this loan to buy Bazins, charcoal, and the products necessary for dying (Gala). She buys her stock in Koutiala and sells her produce at home and at the market to a mixed clientele for cash.
With the enlargement of her business, Kortimi plans to make a monthly profit of 120 000 FCFA that she will use to reimburse the interests to Soro, meet her own personal needs and invest the remainder in her business.
She is counting on the funding from Soro to expand her business in the future.
Mme Kortimi est âgée de 60 ans, mariée, mère de 8 enfants, elle a un statut de mariage polygame et vit chez son mari dans le quartier Koko de la préfecture de Koutiala, région de Sikasso. Elle exerce les activités commerciales basées sur l’achat et vente de Bazin, Charbon de bois et elle est Teinturière depuis plus de 20 ans. Ces activités lui procure assez de revenus, sa notoriété est bonne car elle reçoit beaucoup de clients. Pour la bonne satisfaction de sa clientèle et l’agrandissement de son activité, Mme fait recours à l’institution de micro finance Soro Yiriwaso pour la première fois. Ce prêt sera utilisé pour l’achat des Bazin, Charbon de bois, et les produits nécessaires pour la teinture (Gala). Elle s’approvisionne à Koutiala et effectue sa vente à la maison et au marché à une clientèle mixte au comptant.
Avec l’agrandissement de son activité, Kortimi compte réaliser un bénéfice mensuel de 120 000 FCFA qu’elle utilisera pour le remboursement des intérêts de Soro, satisfaire ces besoins personnels et investir le reste dans son activité.
Elle compte sur le financement de Soro pour élargir son activité dans le futur.

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

  • $1,200
    Average annual income
  • 75
    View loans »
    Mali Loans Fundraising
  • $10,874,800
    Funds lent in using Kiva
  • 478.4
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $1,050 helped Kortimi to buy various articles.
98% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Apr 1, 2014
Listed
Apr 6, 2014
Currency Exchange Loss:
Possible
Ended:
Mar 3, 2015