Funded

Total loan: $975
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Assitan

Mali
Ségou, Mali / Cereals

A loan of $975 helped to buy millet.


Assitan's story

Madame Assitan is 31 years old, married and the mother of two children. She lives with her husband in the military camp in Ségou (fourth administrative region of the Republic of Mali).

Assitan didn't have the opportunity to attend school for social reasons (she was adopted by her grandparents who saw school as a waste of time for young girls). She says that all she knows in life is commerce which she learned on her own. She is now well known in her field and has a lot of experience. She is very shrewd and knows how to keep her customers.

With the aim of increasing her working capital in order to make more profits, Assitan has turned to Soro Yiriwaso. She has been working with the institution for 69 months. She has taken out eight group loans and three individual loans which have all been repaid correctly. This is her fourth individual loan and she will use it to buy 5 tons of millet. She stocks up on site from local producers.

Assitan sells mainly for cash to re-sellers who come from large towns such as Bamako.

With this loan, Assitan intends to make a monthly profit of 150,000 francs. These profits will allow her to cover her own needs and to take part in social events (marriages, baptisms, etc.) Her goal is to buy an empty plot of land on which to build a house.

Translated from French by Kiva volunteer Linda Oxnard



Loan details

Loan length:

9 months
Disbursed date: June 15, 2012
Facilitated by Field Partner: Soro Yiriwaso, a partner of Save the Children

Lenders and lending teams



Loan details

Loan length:

9 months
Disbursed date: June 15, 2012
Facilitated by Field Partner: Soro Yiriwaso, a partner of Save the Children