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Adama
Born on June 16, 1976 in Sikasso, Mr. Adama Berthé is married and resides with his wife and their three children in Banconi, one of the suburbs of the city of Sikasso (3rd administrative region of the Republic of Mali). After having worked in several jobs unsuccessfully, he got introduced about eight years ago to commercial work, especially in the buying and selling of poultry. He has a spot at the poultry market of Wayerma I and is in high demand by his customers for the quality of his poultry.

To satisfy his burgeoning customer base, he decided to join the micro-finance institution Soro Yiriwaso and is now on his first individual loan. With this first loan, he intends to buy: 20 chickens, 20 Guinea hens, 10 pairs of turkeys, 5 pairs of ducks, and 4 geese. He buys his poultry from the villages surrounding Sikasso city, and he sells at the retail level, accepting cash or credit from a diverse and varied customer base.

With this loan, he envisions realizing a monthly profit of 100,000 francs CFA that will essentially be used to cover the loan interest and to invest the rest into his business.
View original language description ↓
Né le 16 Juin 1976 à Sikasso, Monsieur Adama Berthé est marié et réside avec son épouse et leurs trois enfanfs à Banconi, un des quartiers péripheriques de la ville de Sikasso ( troisième région administrative de la république du Mali).
Monsieur Berthé, après avoir mener plusieurs activités sans succès, s’est initié aux activités de commerce notamment à l’achat et la vente des volailles il y a environ huit ans. Il dispose d’une une place au niveau du marché à volailles de Wayerma I. Il est beaucoup sollicité de sa clientèle pour la qualité de ses volailles.
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, 30 poulets, 20 pintades, 10 paires de dindons, 5 paires de canards, 4 paires de oies.
Il achete ses volailles dans les villages environnants de la ville de Sikasso et effectue sa vente en détail au comptant et à crédit à une clientèle diverse et variée.
Avec ce prêt il envisage réaliser un bénéfice mensuel de 100 000 FCFA qui sera utilisé essentiellement pour 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
  • 154
    View loans »
    Mali Loans Fundraising
  • $11,272,850
    Funds lent in using Kiva
  • 466.0
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $325 helped Adama buying poultry.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 15, 2010
Listed
Jan 27, 2010
Currency Exchange Loss:
Covered
Ended:
Aug 15, 2010