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Youssouf
Mr. Youssouf Berthé, 37, is married and the father of 3 children. He lives with his wife and their children in a big traditional extended family in Sanoubougou 1, one of the working class neighborhoods of the town of Sikasso (third administrative region of the Republic of Mali).



Mr. Berthé is a trained mechanic, a trade he learned from his garage-owning father. Besides mechanics, he started selling hardware to earn a living. Slowly but surely he abandoned mechanics in favor of selling hardware. Now he has a hardware store situated at the big market in Sikasso. He has been in business for more than 5 years. He is much in demand with his clientele because of the quality of his merchandise.



In order to satisfy his ever-growing clientele, he decided to join the micro-finance institution Soro Yiriwaso with whom he is on his first individual loan. With this first loan he intends to buy 15 saws of varying sorts, 4 cases of light bulbs (economical kind, neon, etc.), 10 pots of glue, 15 cases of rods, 15 cases of paint, 50 meters of wire, 5 shovels, 5 pick axes, etc. The merchandise is bought in Lomé to be sold in the hardware store, retail, to a clientele composed mostly of contractors building houses (architects, entrepreneurs, masons, etc.)



He expects to use this loan to make a monthly profit of 300,000 F CFA which will be used to increase his working capital, contribute to family expenses, and pay the interest on the loan, investing any remainder into his business.

View original language description ↓
Monsieur Youssouf Berthé a 37 ans, marié et père de trois enfants, il réside avec sa femme et leurs enfants dans une grande famille traditionnelle élargie à Sanoubougou I, un des quartiers populaires de la ville de Sikasso ( troisième région administrative de la république du Mali).
Monsieur Berthé est un mécanicien de formation qu’il a appris auprès de son père garagiste. En plus de la mécanique, il s’est initié aux activités génératrices de revenus notamment la vente d’articles divers pour la quincaillerie. La mécanique fut petit à petit abandonnée au profit de la quincaillerie. En effet il possède une quincaillerie située au grand marché de Sikasso. Il mène cette activité il y a plus 5 ans. Il est beaucoup sollicité de sa clientèle pour la qualité de ses produits.
Pour satisfaire sa clientèle de plus en plus croissante, il décida de rejoindre l’institution de microfinance Soro Yiriwaso avec qui il est à son premier prêt individuel.
Avec ce premier prêt, il compte acheter 15 scies de différentes qualités, 4 cartons d’ampoules électriques (économique, néon, etc.), 10 boîte de colle, 15 cartons baquettes, 15 paquets de peinture, 50 mètres de fil, 5 pelles, 5 piques, etc . Les marchandises sont achetées à Lomé pour être vendues dans sa quincaillerie en détail à une clientèle composée généralement des constructeurs de maison (architectes, entrepreneurs, maçons, etc.).
Il envisage réaliser avec ce prêt un bénéfice mensuel de 300 000 FCFA qui sera utilisé pour augmenter son fonds de commerce, contribuer aux dépenses familiales, payer les intérêts de son prêt et investir le reste dans son activité.

Additional Information

Important Information

Soro Yiriwaso is a microfinance institution that works primarily in rural and semi-urban areas of Mali to provide underprivileged communities with access to financial services.The organization facilitates access for disadvantaged clients, particularly women, to new resources and services, fostering solidarity and cooperation among its clients. Kiva lenders’ funds will enable Soro Yiriwaso to expand its outreach and target even more underserved Malians involved in business and agriculture.

About Mali

  • $1,200
    Average annual income
  • 68
    View loans »
    Mali Loans Fundraising
  • $10,809,225
    Funds lent in using Kiva
  • 499.6
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,025 helped Youssouf purchase of hardware for re-sale.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Apr 21, 2009
Listed
Jun 1, 2009
Currency Exchange Loss:
Covered
Ended:
Nov 15, 2009