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Fanta
Born in BAMAKO, FANTA lives with her two children and husband in a nuclear family in N'TENTOU, in Commune de OUELESSEBOUGOU, Préfecture de KATI, (Région de Koulikoro), Republic of Mali. Not having had the chance to progress in school, FANTA soon became interested in revenue-generating businesses, namely, the buying and selling of cloth: Wax Real [a brand of ‘pagne’ cloth] and fabrics.

After having repaid the first individual loan, FANTA is now on her second individual loan with Soro Yiriwaso. It will be used to purchase 30 lengths of fabrics and Wax Réal. She gets her supplies of merchandise from GHANA, LOME, and BURKINA FASO. And she makes her sales retail to men and women customers paying with cash or credit at her home, in OUELESSEBOUGOU, and in BAMAKO

FANTA hopes to make a monthly profit of 100,000 francs CFA that will be used to help out her husband in meeting family needs, pay back the loan, and reinvest the rest in the fabrics trade.
View original language description ↓
Née à BAMAKO, FANTA vit avec ses deux enfants et son époux dans une famille nucléaire à N’TENTOU dans la commune de OUELESSEBOUGOU, Préfecture de KATI (Région de Koulikoro, République du MALI).
FANTA n’a pas eu la chance de progresser à l’école, très vite elle s’intéressa aux activités génératrices de revenus à savoir l’achat vente d’habillements : wax real et tissus.
Après avoir remboursé le premier prêt individuel, FANTA est à son deuxième prêt individuel avec Soro Yiriwaso qui sera utilisé pour acheter, 30 pièces de tissus et wax réal. Elle s’approvisionne en marchandise au GHANA, LOME, BURKINA FASO et effectue ses ventes au comptant, à crédit et en détail, à domicile, à OUELESSEBOUGOU et BAMAKO à une clientèle composés d’hommes et de femmes.
FANTA espère réaliser un bénéfice mensuel de 100.000FCFA qui sera utilisé pour aider son mari à subvenir aux besoins de la famille, rembourser le prêt et réinvestir le reste dans les activités d’achat vente d’habillements.

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
  • 43
    View loans »
    Mali Loans Fundraising
  • $10,429,550
    Funds lent in using Kiva
  • 474.7
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $650 helped Fanta to purchase fabrics.
99% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 18, 2014
Listed
Apr 28, 2014
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2014