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Kadiatou
Ms. KADIATOU was born in KAFANA. She lives with her father in a large family in KABOILA II, a working class district in downtown Sikasso City (3rd administrative region of the Republic of Mali). After having run several businesses without success, she was introduced over five years ago to the business of buying and selling condiments (small and large onions, potatoes, tomatoes, etc.) for which she is much in demand by her customers for the quality of her products.

To satisfy her burgeoning customer base, she decided to join the the microfinance institution Soro Yiriwaso. She gets her supplies from villages surrounding Sikasso. Ms. KADIATOU is on her first individual loan enabling her to increase her business capital to purchase 15 sacks onions (5 small and 10 large), a basket of tomatoes, and 2 sacks of potatoes at 50 kg each.

Her merchandise is sold in Bamako to a customer base composed of housekeepers paying with cash or credit. With this first individual loan, she envisions making an average monthly profit 25,000 francs CFA that will be used to increase her business capital, help cover family expenses, and pay the interest on her loan.
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Mademoiselle KADIATOU est née à KAFANA, et vit chez son père dans une grande famille à KABOILA II un quartier populaire au centre ville de Sikasso troisième région administrative de la république du Mali.
Après avoir mené plusieurs activités sans succès, s’est initiée depuis plus de cinq ans des activités d’achat et de vente des condiments (Oignons -grosses et petites graines, pomme de terre et tomate, etc) dans laquelle elle est beaucoup sollicitée de sa clientèle pour la qualité de ses produits. Pour satisfaire sa clientèle de plus en plus croissante, elle décida de rejoindre l’institution de microfinance Soro Yiriwaso. Elle s’approvisionne dans les villages environnants de SIKASSO. Mademoiselle KADIATOU est à son premier individuel qui lui permettra d’augmenter son fonds de commerce afin d’acheter 15 sacs d’oignons de graines différentes (5 sacs de petites graines et 10 sacs de grosses graines), un panier de tomate et deux sacs de 50 kg de pomme de terre.
Ses marchandises sont vendues à BAMAKO au comptant et à crédit à une clientèle composée des femmes de ménage.
Avec ce premier prêt individuel elle envisage réaliser un bénéfice mensuel moyen de 25 000 FCFA qui sera utilisé pour augmenter son fonds de commerce, contribuer aux dépenses familiales et payer les intérêts de son prêt.

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
  • 15
    View loans »
    Mali Loans Fundraising
  • $10,188,875
    Funds lent in using Kiva
  • 474.8
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $325 helped Kadiatou to purchase condiments (onions, potatoes, tomatoes, etc.).
96% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 17, 2014
Listed
Apr 27, 2014
Currency Exchange Loss:
Possible
Ended:
Mar 17, 2015