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Drissa
Mr. Drissa Traoré is 36-year-old married and lives with his wife in large traditional extended family in Wayerma II, one of the popular neighborhoods of Sikasso (Third administrative region of the Republic of Mali).

Having not had the opportunity to attend school, Drissa developed an early interest for income-generating activities, particularly the retail of second-hand clothes that he has done for nearly 20 years. He learned this business from his father who was a known seller there. He is very much in demand by his customers because of the quality of his articles.

In order to meet the ever-increasing demand of his customers, two years ago he decided to join the microfinance institution Soro Yiriwaso. This is his third individual loan with them. All his previous loans have been fully reimbursed.

With this third loan he is planning to buy second hand clothes: 1 bale of bathing suits, 1 bale of underpants, 1 bale of shirts, 1 bale of bras, 1 bale of socks. The bales of clothes are bought on the spot from wholesalers and sold retail mostly for cash to customers who are women and men.

With this loan he is planning to make a monthly profit of 150, 000 Francs CFA which will be used mostly to increase his working capital, contribute to the family’s expenses and invest the rest in his business.
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Agé de 36 ans, Monsieur Drissa Traoré est marié et réside avec sa femme dans une grande famille traditionnelle élargie Wayerma II, un des populaires de Sikasso (troisième région administrative de la république du Mali).
N’ayant pas eu la chance de fréquenter l’école, Drissa s’intéressa très vite aux activités génératrices de revenus, notamment à l’achat vente des vêtements de “friperie” depuis près de 20 ans. Il appris cette activité, auprès de son père qui était un grand vendeur de la place. Il est beaucoup sollicité de sa clientèle pour la qualité de ses produits.
Afin de satisfaire sa clientèle de plus en plus croissante, il décida de rejoindre l’institution de microfinance Soro Yiriwaso depuis maintenant deux ans et avec laquelle il est à son troisième prêt individuel. Tous les prêts précédents ont été correctement remboursés.
Il compte acheter avec ce troisième prêt de la friperie : 1balle de Maillot de bain, 1 balle de culottes, 1 balle de chemises, 1 balle de soutiens gorge et 1 balle de chaussettes.
Les balles de friperies sont achetées sur places auprès des grossistes de la place et revendues en détail et surtout au comptant à une clientèle composée de femmes et d’hommes.
Il envisage réaliser avec ce prêt un bénéfice mensuel de 150 000 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
  • 33
    View loans »
    Mali Loans Fundraising
  • $11,450,075
    Funds lent in using Kiva
  • 481.8
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD