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Mahamadou
Mr. Mahamadou C. is 51 years old and has 3 children. He is married and lives in a monogamous family in Dangassa, one of the towns (located 70 kilometers from Bamako), within the second administrative region of the republic of Mali.

In order to enable his business to prosper, he joined Soro Yiriwaso's loan program with which, he is on his third individual loan. He has fully repaid his two previous loans.

With this new loan, he intends to purchase one ton of corn, 450 kilograms of peanuts and 55 molds of shea butter, which he sells at retail prices, for cash and credit, in the market of Dangassa. He supplies himself once a month from producers and wholesalers.

With this loan he hopes to earn an average quarterly income of 250,000 FCFA, which he will use to pay back his loan and he will re-invest the rest in his business.
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Monsieur Mahamadou C. a 51 ans, 3 enfants ; marié, il vit dans une famille monogame à Dangassa un des villages (située à 70 kilomètres de Bamako) relevant de la deuxième région administrative de la république du Mali.
En vu de faire prospérer son commerce, il intégra le programme crédit de Soro Yiriwaso avec lequel, il est à son troisième prêt individuel, tous les deux prêts précédents ont été bien remboursés.
Avec ce nouveau prêt, il compte acheter, une tonne de maïs, 450 kilogrammes d’arachide et 55 moules de beurre de karité qu’il vend en détail, au comptant et à crédit, dans le marché de Dangassa où il s’approvisionne également une fois par mois auprès des producteurs et grossistes.
Il espère réaliser avec ce prêt un bénéfice moyen trimestriel de 250. 000 FCFA qui servira à payer l’échéance du prêt et investir le reste dans son entreprise.

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
  • 40
    View loans »
    Mali Loans Fundraising
  • $11,450,100
    Funds lent in using Kiva
  • 437.8
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD