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Diarrah
Diarrah is 58 years old and lives in a large family in the Lafiala district of the town of Koutiala. She did not have the opportunity to go to school and so developed a predilection for commercial activities. Having had several different activities, she is currently focusing on the purchase and sale of saltwater fish. Saltwater fish are the most popular because they are more affordable than river fish. In order to increase her turnover, Diarrah decided to join the microfinance institution, Soro Yiriwaso some years ago.

Having had six group loans, all of which were repaid in full and on time, she is now on her third individual loan. With this loan she is planning to buy cartons of fish as and when she sells them in the town of Koutiala, to a customer base of men and women, for cash and on credit .

She expects to make a monthly profit of 95,000FCFA which she will use to repay the interest on her loan to Soro Yiriwaso and to provide for her own needs; the rest will be invested in her business. She continues to count on funding from Soro Yiriwaso to expand and diversify her business.
View original language description ↓
Mme Diarrah est âgée de 58 ans, elle vit dans une grande famille au quartier Lafiala de la ville de Koutiala. Elle n’a pas eu la chance d’aller à l’école, d’où son attachement aux activités commerciales. Après avoir mené plusieurs activités, présentement elle s’est basée sur l’achat-vente de poissons de mer. Les poissons de mer sont les plus prisés car son coût est abordable par rapport aux poissons de fleuve. Pour pouvoir augmenter son chiffre d’affaire, elle décide de rejoindre l‘institution de micro finance Soro Yiriwaso il y a des années. Après avoir pris 6 prêts en solidaire (prêt de groupe) tous remboursés sans difficulté ni retard, elle est à son 3ème prêt en individuel.
Avec ce prêt elle compte acheter des cartons de poissons au fur et à mesure qu’elle vend dans la ville de Koutiala à une clientèle composée de femmes et d’hommes au comptant ou à crédit.
Elle compte réaliser un profit de 95.000FCFA par mois, qu’elle utilisera pour le remboursement des intérêts de Soro Yiriwaso, subvenir à ses besoins et investir le reste dans son activité.
Elle compte toujours sur les financements de Soro Yiriwaso pour l’agrandissement et la diversification de 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.

About Mali

  • $1,200
    Average annual income
  • 36
    View loans »
    Mali Loans Fundraising
  • $10,710,275
    Funds lent in using Kiva
  • 483.8
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD
Paying Back - Currency Exchange Loss

This loan has been fully funded!

A loan of $525 helped Diarrah to buy saltwater fish.
69% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 10, 2014
Listed
Jun 22, 2014
Currency Exchange Loss:
Possible