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Cheick Oumar
Mr. Cheick Oumar Sangaré is a married, 43-year-old man who is the father of four children. He lives in a nuclear family with his wife and children at his late father's home in Bougouni, in the Hérémakono Nord quarter. After having spent several years at the modern school, Cheick Oumar decided to leave and start a business. He was primarily a shepherd who sold commercial beef, but was unsuccessful. He finally decided to learn his uncle's business of buying and selling shirts, shoes, and celebratory clothing. With more than 12 years of experience, he teaches his trade to others and is often solicited for his services.
In order to better meet the demands of his clients, Cheick Oumar decided to join Soro Yiriwaso. He is on his fourth individual loan. All of his previous loans have been repaid in full. He plans on using this loan to purchase dozens of shirts, pairs of shoes, and diverse holiday clothing. He gets his stock in Lomé. His clients are both male and female. With this loan, he foresees making a monthly profit of 75,000 FCFA which will serve to grow his boutique and contribute to his family's needs.
View original language description ↓
Monsieur Cheick Oumar Sangaré est un homme marié de 43 ans qui est père de 4 enfants. Il vit dans une famille nucléaire avec sa femme et ses enfants chez son feu père à Bougouni dans le quartier Hérémakono Nord.
Après avoir passé quelques années à l’école moderne, il décida de l’abandonner pour mener des activités économiques.
Il fit d’abord le berger puis la commercialisation des bœufs mais sans succès. Il décida finalement d’apprendre auprès de son oncle l’achat et la vente des chemises, des chaussures, et des articles de fête. Avec une expérience de plus de 12 années, il maîtrise son activité et est très sollicité.
Pour satisfaire sa clientèle de plus plus en nombreuse, il décida rejoindre Soro Yiriwaso avec qui il est à son quatrième prêt individuel. Tous les prêts précédent ont été correctement remboursés.
Il compte utiliser ce prêt pour acheter, des douzaines de chemises, des paires de chaussures et divers articles de fête.
Il s’approvisionne à Lomé. Ses clients sont composés d’hommes et des femmes.
Avec ce prêt, il envisage réaliser un bénéfice mensuel de 75.000FCFA qui servira à agrandir sa boutique et subvenir aux dépenses de la famille.

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
  • 12
    View loans »
    Mali Loans Fundraising
  • $10,215,175
    Funds lent in using Kiva
  • 488.5
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $825 helped Cheick Oumar purchase of diverse articles of clothing.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Mar 29, 2010
Listed
Mar 29, 2010
Currency Exchange Loss:
Covered
Ended:
Jan 15, 2011