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Ms. Fatoumata, age 51, lives with her husband and children in the Hamdallaye district of the city of Koutiala (third administrative region of the Republic of Mali). Not having had the chance for academic brilliance, she dropped out of middle school to embrace work in commerce. After having tried several types of work, she ended up choosing commerce in a variety of goods twenty years ago. She is much appreciated and in high demand by Koutiala women.

To meet the needs of her customers suitably and to expand her business, Ms. Fatoumata turned to the micro-finance institution Soro Yiriwaso three years ago. After four group loans (solidarity loans), all repaid without difficulty, she is on her first individual loan.

With this loan, she intends to buy various goods in Bobo (in the Republic of Burkina Faso). She sells her goods retail at the grand marketplace of Koutiala, cash or credit accepted, to women customers, essentially.

She is counting on a monthly profit of 150,000 francs CFA that will be used to repay the loan, to help cover daily expenses of the family, and to invest the rest in her business.

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Mme Fatoumata a 51 ans et vit avec son époux et ses enfants dans le quartier Hamdallaye de la ville de koutiala troisième région administrative de la république du Mali).
N’ayant pas eu la chance de faire de brillantes études, elle a abandonné au niveau sécondaire, pour embrasser les activités commerciales. Après s’être éssayé à plusieurs activités elle finit par opter pour le commerce d’articles diverse et cela depuis vingt ans. Elle est très appréciée et sollicitée de beaucoup de dames de Koutiala.
Pour la bonne satisfaction de sa clientèle et l’agrandissement de son activité, Mme Fatoumata a fait recours à l’institution de microfinance Soro Yiriwaso depuis trois ans. Après 4 prêts groupe ( prêt solidaire ) tous remboursés sans difficultés, elle est à son premier prêt individuel.
Avec ce prêt, elle compte acheter diverses marchandises à Bobo ( Burkina Faso ). Elle effectue sa vente au grand marché de koutiala au comptant en détail et à crédit à une clientèle essentiellement féminine.
Elle compte sur un bénéfice mensuel de 150.000FCFA qu’elle utilisera pour le remboursement de son prêt , participer aux charges quotidiennes de la famille et investir le reste dans 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
  • 15
    View loans »
    Mali Loans Fundraising
  • $10,738,725
    Funds lent in using Kiva
  • 517.8
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $975 helped Fatoumata to buy various goods.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Feb 6, 2009
Apr 1, 2009
Currency Exchange Loss:
Mar 15, 2010