Funded

Total loan: $500
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Aminata

Mali
Sikasso, Mali / Retail

A loan of $500 helped to buy various articles.


Aminata's story

Madame Aminata is 42, married and the mother of two children. She lives with her two children in a nuclear family at Attbougou, one of the populous neighborhoods of the town of Sikasso (third administrative region of the Republique of Mali.

Madame Aminata tried a lot of activities without success, then began this income-generating activity, selling clothing and jewelry ("wax" African print cloth, embroidered cloth, "rich" damask, necklaces and earrings) more than five years ago.

She buys her merchandise in Bobo Dioulasso (in Burkina Faso) before hawking it on foot to a clientele composed essentially of women. She is much in demand among her customers because of the good quality of her products. In order to satisfy her ever-growing clientele, she decided to join the microfinance institution Soro Yiriwaso more than a year ago.

She is on her third individual loan, with all her preceding loans appropriately reimbursed. This third individual loan will allow her to buy 15 lengths of African print cloth, 20 packets of necklaces (chains) 10 packets of earrings, and 10 outfits of "rich" damask. With this loan she expects to make a monthly profit of 75,000 F CFA which will be utilized to grow her working capital, contribute to family expenses, and pay the interest on her loan.

Translator profile picture

Translated from French by Kiva volunteer Teresa Kramer



Loan details

Loan length:

11 months
Disbursed date: July 3, 2013
Facilitated by Field Partner: Soro Yiriwaso, a partner of Save the Children

Lenders and lending teams



Loan details

Loan length:

11 months
Disbursed date: July 3, 2013
Facilitated by Field Partner: Soro Yiriwaso, a partner of Save the Children