Funded

Total loan: $325
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Oumou

Mali
Koutiala, Mali / Retail

A loan of $325 helped to buy various items.


Oumou's story

Oumou was born in 1964 in Bamako, and is a married mother of four children. She lives with her husband, his other wife, and their children in the city of Koutiala. Oumou did not have the chance to continue her studies, which is why she has been interested in business for over ten years. After having run several income-generating activities, she currently chooses to sell various items such as clothing, shoes, soaps, etc. To increase her working capital in order to enlarge her business, Oumou turned to the microfinance institution Soro Yiriwaso several years ago. She obtained three association (group/solidarity) loans, all of which were repaid properly. She is on her second individual loan. With this loan, she intends to buy clothing, bags of soap, and necklaces from the wholesalers. She makes her sales door-to-door and at the door of her house to a diverse clientele, in cash and often on credit. She foresees realizing a monthly profit of 90,000 FCFA, which will be used to repay the interest on the Soro Loan, and also continue to improve her family's standard of living.

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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