Funded

Total loan: $800
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Fatoumata

Mali
Ségou, Mali / Retail

A loan of $800 helped purchasing clothing and kitchen utensils.


Fatoumata's story

Mrs. Fatoumata C. is 44 years old, married and the mother of 3 children. She lives with her husband in a traditional extended family in the Darsalam district in Segou (the 4th administrative district of Mali).

Fatoumata has left school after the 8th grade (Mali’s educational system) in order to join her mother in the business of selling clothing and kitchen utensils. After several years of apprenticeship, once she got married, she launched her own business in the same line as her mother.

She has been in business for 26 years and is well-known and respected. Her strength is in high quality of her products.

In order to bolster her business capital and increase her income, she has turned to Soroo Yiriwaso. She has been collaborating with Soro Yiriwaso for five years and had 8 solidarity loans and two individual loans, all properly repaid.

She is now on her 3rd individual loan which she plans to sue to purchase 1 bale of wax “pagnes” [traditional colorful fabric] and 50 plastic and aluminum bathtubs. She stocks up in Burkina Faso. Mrs. Fatoumata C. sells for cash and on credit to a customer base composed of both women and men.

With this loan, she anticipates achieving a monthly benefit of 30,000 West African francs. This income will allow her to take part in community events. Her goal is to build a house to live in.

Translator profile picture

Translated from French by Kiva volunteer Ekaterina Sukhanova



Loan details

Loan length:

14 months
Disbursed date: August 18, 2010
Facilitated by Field Partner: Soro Yiriwaso, a partner of Save the Children

Lenders and lending teams



Loan details

Loan length:

14 months
Disbursed date: August 18, 2010
Facilitated by Field Partner: Soro Yiriwaso, a partner of Save the Children