Check out some available loans that are similar to this one!
Assitan
Mrs. Assitan Diakité, 40, is married and the mother of two children. They live in a polygamous family with her husband, his children, and her co-spouse in the Hérémakono Nord neighborhood of the prefecture of Bougouni (third administrative region of the Republic of Mali).



Very early on, she began to earn her living selling goods, notably linens (fabric, sheets), perfume, and diverse articles (made of plastic). With an experience of 10 years, Mrs.Assitan Diakité is well-versed in her business which she learned from her aunt, who used to be a very fine merchant.



So as to bolster her working capital, she decided to join the micro-finance institution Soro Yiriwaso, with whom she is on her second individual loan. The preceding loan was correctly reimbursed.



With this loan, she would like to buy 20 lengths of cloth, 35 sheets, and 3 cases of various sorts of perfume. She does her buying in Burkina Faso and in Bamako (the capital of the Republic of Mali) from the wholesalers who sell in the big open-air market. She sells door-to-door in the neighborhoods of the town and out of a stall in the market of Bougouni. Mrs. Assitan's clientele consists essentially of women to whom she sells for cash, retail, and on credit payable weekly or monthly.



With the loan she expects to make a monthly profit of 55,000 F CFA which she plans to use to expand her business so as to become a wholesaler herself.

View original language description ↓
Madame Assitan Diakité est une femme mariée de 40 ans et mère de deux enfants qui vit dans une famille polygame avec son mari,ses enfants et sa coépouse dans le quartier Hérémakono Nord de la préfecture de Bougouni.(troisième région administrative de la république du Mali).
Très tôt elle commença les activités génératrices revenues notamment le commerce des articles de la lingerie(tissus, draps de lits) de la parfumerie et biens d’autres articles divers(en plastiques..) Avec une expérience de 10 ans Madame Assitan Diakité maîtrise son activité qu’elle a appris auprès de sa tante jadis grande commreçante.
Afin d’étoffer son fonds de commerce elle décida de rejoindre l’institution de microfinance Soro Yiriwaso avec qui elle est à son deuxième prêt individuel. Le prêt précédent a été correctement remboursé.
Elle veut acheter avec ce prêt, 20 piéces de tissus, 35 draps de lit et 3 cartons de parfums de différentes sortes.
Elle s’approvisionne au Burkina Faso et à Bamako(capitale de la république du Mali) auprès des grossistes du grand marché. Elle effectue ses ventes d’une façon ambulante dans les quartiers de la ville et de façon fixe au marché de Bougouni. Madame Assitan a essentiellement comme clientèle les femmes à qui elle commerce au comptant, en détail et à crédit payable mensuellement ou hebdomadairement.
Elle compte réaliser avec ce prêt un bénéfice mensuel de 55 000 F CFA qu’elle envisage utiliser pour agrandir son entreprise afin de devenir grossiste.

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
  • 74
    View loans »
    Mali Loans Fundraising
  • $10,874,800
    Funds lent in using Kiva
  • 489.0
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $825 helped Assitan purchase of fabrics, sheets, and perfumes for re-sale.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 30, 2008
Listed
Jan 12, 2009
Currency Exchange Loss:
Covered
Ended:
Jan 15, 2010