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Korotoumou
Korotoumou was born around 1958 in Diakorolo Diassa. She is mother to six children and lives with her husband and their children in a traditional family in Kodialanida, a village in the Pimperna municipality, which lies in Sikasso circle, the Republic of Mali's third administrative region.

This courageous woman, who has had many unsuccessful activities, has now begun to make Kabakourouni soaps with a traditional method. She buys raw materials at Sikasso's Grand Market and wood in Kodialanida. Once she has incorporated the raw materials to make up the finished product (Kabakourouni) this is delivered to her customers. She sells her soaps at the market - where she has a fixed stand - to a customer base made up of men and women, for cash and on credit.

With a view to satisfying the needs of her ever-growing customer base, she is requesting a fifth individual trading loan from the microfinance institution, Soro Yiriwaso. This loan will enable her to buy a signficiant quantity of raw materials as well as three truckloads of wood. She expects to make an average monthly profit of 220,000FCFA, and this profit will enable her to repay her loan and the interest on it, as well as to put some money in her savings.
View original language description ↓
Madame KOROTOUMOU est née vers 1958 à DIAKOROLA DIASSA, mère de 6 enfants, elle réside avec son époux et leurs enfants dans une famille traditionnelle à KODIALANIDA un village dans la commune de PIMPERNA dans le cercle de Sikasso 3ième reg ion administrative de la république du MALI.
Cette brave femme après avoir mener beaucoup d’activité sans succès madame KOROTOUMOU s’est initiée des activités de fabrication de savon KABAKOUROUNI de façon traditionnelle.
Elle achète des matières première au grand marché de SIKASSO plus des bois achetés à KODIALANIDA.
Après cette incorporation des matières premières pour donner un produit fini (KABAKOUROUNI) qui sera livré à la clientèle. Sa vente se fait au marché d’où elle dispose une place fixe à une clientèle composée d’homme et de femme au comptant et à crédit. A fin de satisfaire le besoin de sa clientèle de plus en plus croissante, elle sollicite auprès de l’Institution de microfinance Soro Yiriwaso un cinquième prêt individuel commerçant.
Ce prêt lui permettra de faire l’achat des quantités importantes des matières premières et 3 chargements de camion de bois.
EIle envisage réaliser un bénéfice mensuel moyen de 220 000 francs CFA par mois. Ce bénéfice lui permettra de payer le prêt et son intérêt et l’autre 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.

About Mali

  • $1,200
    Average annual income
  • 51
    View loans »
    Mali Loans Fundraising
  • $10,437,500
    Funds lent in using Kiva
  • 491.1
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,025 helped Korotoumou to buy raw materials for making traditional soap.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jul 21, 2014
Listed
Aug 23, 2014
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2014