Funded

Total loan: $525
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Fatoumata

Mali
Sikasso, Mali / Food Production/Sales

A loan of $525 helped to buy condiments.


Fatoumata's story

Born in June 1976 in Sikasso, Fatoumata is a widowed mother of two children living at her uncle's house with one of her children in Bougoula Ville, in downtown Sikasso. Fatoumata has run a business buying and selling condiments for about five years at the grand market in Sikasso, where she has a stall. With the goal of better satisfying her increasingly growing clientele, she decided to join the microfinance institution Soro Yiriwaso, with whom she is on her third individual loan. The previous loans were repaid properly. This third loan will allow her to augment her stock of condiments with ten boxes of Maggi cubes, ten boxes of tomato concentrate, seven bags of onions, and ten boxes of mustard. She gets her supplies from the wholesalers in Sikasso and makes her sales at retail, in cash and on credit, to a clientele comprising men and women. With this loan, she foresees realizing a monthly profit of 75,000 FCFA, which will be used to contribute to the household expenses, pay the interest on her loan, and reinvest in her business.

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Loan details

Loan length:

12 months
Disbursed date: January 10, 2013
Facilitated by Field Partner: Soro Yiriwaso, a partner of Save the Children

Lenders and lending teams



Loan details

Loan length:

12 months
Disbursed date: January 10, 2013
Facilitated by Field Partner: Soro Yiriwaso, a partner of Save the Children