Total loan: $975
N'Tentou, , Mali / Clothing
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Fatoumata's loan finished fundraising,
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A loan helped to buy clothing materials for resale.
Born in 1981 in Ouelessebougou, Fatoumata lives with her five children and her husband in a nuclear family in N’Tentou, one of the villages of Ouelessebougou, prefecture of Kati (Koulikoro region, Republic of Mali). Fatoumata did not have the good fortune to progress in school and early on became interested in money-generating activities, notably selling clothing materials: cloth and African wax prints. After having correctly reimbursed her first individual loan, Fatoumata is on her second loan with Soro Yiriwaso. It will be used to buy a large quantity of lengths of cloth and wax print. She buys her merchandise in Burkino Faso and makes her sales for cash or credit, retail out of her home in Ouelessebougou, in Bamako, and in nearby market fairs to a clientele composed of men and women. Fatoumata hopes to make a monthly profit of 150,000 F CFA which will be used to help her husband cover the needs of the family, reimburse the loan, and invest in her business of buying and selling clothing materials.