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Zoumana
Mr. Zoumana C. is a thirty year old married man with seven children, he lives in a traditional home in Dangassa (located 70 kilometers from Bamako), in the second administrative region in the Republic of Mali.

Zoumana excels in selling various items, such as cereals, gathered fruits, artisinal crafts, fabrics etc. So that his business will prosper, he joined Soro Yiriwaso's loan program, with which he is on his second individual loan, the first of which was fully repaid without difficulty.

He supplies himself with various items once a month from Bamako and supplies himself with cereals twice a month from the market in Dangassa, where his store is located. With this loan he will buy 800 kilograms of peanuts, 300 kilograms of beans and a variety of items.

With this loan he hopes to earn an average quarterly income of 275,000 FCFA, which he will use to repay his loan, to provide for the needs of his family and he will reinvest the rest in his business.
View original language description ↓
Monsieur Zoumana C. est un homme marié de trente huit ans ayant sept enfants qui vit dans un foyer traditionnel à Dangassa (située à 70 kilomètres de Bamako) deuxième région administrative de la république du Mali.
Zoumana excelle dans le commerce d’articles divers tels, les céréales, les produits de cueillettes, d’artisanats, les tissus etc.
Pour faire prospérer son commerce il intégra le programme crédit de Soro Yiriwaso avec qui il est à son deuxième prêt individuel, le premier a été bien remboursé sans aucune difficulté.
Il s’approvisionne en articles divers une fois par mois à Bamako et en céréales deux fois par mois au marché de Dangassa où se trouve son magasin de vente.
Il compte avoir avec ce prêt, 800 kilogrammes d’arachide, 300 kilogrammes de haricot et divers articles.
Il espère réaliser avec ce prêt un bénéfice moyen trimestriel de 275. 000 FCFA qui sera utilisé pour payer l’échéance du prêt subvenir aux charges familiales 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

  • $1,200
    Average annual income
  • 27
    View loans »
    Mali Loans Fundraising
  • $9,992,325
    Funds lent in using Kiva
  • 437.8
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,150 helped Zoumana to purchase a variety of items.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Oct 15, 2009
Listed
Nov 14, 2009
Currency Exchange Loss:
Covered
Ended:
Aug 15, 2010