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Boubacar Mahaye
Born on September 24, 1980 in Bougouni (region of Sikasso), Mr. Boubacar Mahaye C. is married and lives with his wife in a large traditional extended family in Babemba, an outlying district of Sikasso City (3rd administrative region of the Republic of Mali).  Not having had the chance to continue his education, he soon got introduced at a young age to a trade, namely metalwork.  He has been working for about a year with two apprentices in his own business.  And he is in high demand by most of his customers for the quality of his work. 

At the moment, in order to respond better to the expectations of his every-growing customer base, he's requesting a loan from Soro Yiriwaso to purchase a welding machine, a grinding wheel, a few U and Z iron bars, welding rods, etc.  His supplies and equipment are bought locally and will be used to design products (chairs, tables, benches, etc.) destined for sale, for cash in particular. 

With the loan, he envisions realizing a monthly profit of 95,000 francs CFA that will essentially be used to increase his business capital, to help cover family expenses, to pay the loan interest, and to invest the rest in his business.
View original language description ↓
Né le 24 septembre 1980 à Bougouni (région de Sikasso), Monsieur Boubacar Mahaye C. est marié et vit avec son épouse dans une grande famille traditionnelle élargie au quartier Babemba, un des quartiers périphériques de la ville de Sikasso (troisième région administrative de la république du Mali).
Monsieur C. n’ayant pas eu la chance d’avancer dans les études, il s’est très vite initié à un métier, à savoir celui de la construction métallique, depuis très jeune. Il travaille actuellement avec deux apprentis à son propre compte, il y a environ une année et il est beaucoup sollicité de la plupart de ses clients pour la qualité de ses prestations.
Actuellement pour mieux répondre aux attentes de sa clientèle qui ne cesse d’augmenter, il sollicite un prêt au niveau de Soro Yiriwaso afin d’acheter, une machine de soudure, une meule, quelques barres de fer U, Z, des baguettes, etc. Ses matériels sont achetés sur place et servirons à concevoir des produits (des chaises, tables, bancs, etc.) destinés à la vente au comptant surtout.
Il envisage réaliser avec ce prêt un bénéfice mensuel de 95 000 FCFA qui sera utilisé essentiellement 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

  • $1,100
    Average annual income
  • 23
    View loans »
    Mali Loans Fundraising
  • $11,383,950
    Funds lent in using Kiva
  • 441.0
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD