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Abdoulaye
Born in 1963 in Tiby, in the San Prefecture, Abdoulaye Yaré did not have the opportunity to excel in school, so he embraced revenue-generating activities at an early age. He is married and the father of 12 children. He lives at home in the Dabani borough of the San Prefecture (4th administrative region of the Republic of Mali).

Over 20 years ago, he opted for the commerce of televisions and related accessories, a business he learned from his older brother. For the past ten years he has been running his own business at the main market in San. He is in high demand, particularly during the weekly market fairs in San and surrounding areas.

To diversify his activities, he decided two years ago to call upon the Soro Yiriwaso MFI. He is requesting a third individual loan, having fully reimbursed the two preceding ones. Mr. Abdoulaye will use this loan to buy different televisions, DVD and VCD players (with 14, 21, and 26-inch screens).

He used to get his supplies from wholesalers in San, but as he increased his working capital, he now would like to go as far as Lomé (the capital of Togo). He sells in his shop at San’s main market and in weekly market fairs, to a customer base of both men and women, for cash or credit.

He is hoping to attain monthly earnings of 175,000 FCFA he will use to reimburse the loan, pay his children’s tuition fees, buy food, and reinvest the remainder in other revenue-generating activities.
View original language description ↓
Né vers 1963 à Tiby, préfecture de San, Abdoulaye Yaré n’as pas eu la chance de faire de brillantes études, alors il embrassa tôt les activités génératrices de revenus. Il est mari d’une épouse et père de 12 enfants. Il vit chez lui même dans le quartier Dabani de la préfecture de San (quatrième région administrative de la république du Mali).
Abdoulaye opta pour l’achat vente de téléviseurs et accessoires qu’il a appris auprès de son grand frère il y a plus de 20 ans.
Actuellement il exerce pour lui même au grand marché de San depuis 10 ans. Il est très sollicité surtout les jours des foires hebdomadaires de San ville et environnants.
Afin de diversifier son activité, il décida de faire recours à l ‘institution de microfinance Soro Yiriwaso il y a deux ans. Il est à son 3ème prêt individuel, après avoir correctement remboursé les deux précédents.
Monsieur Abdoulaye compte acheter, différentes sortes de télévisions, de DVD et VCD(écran 14, 21 et 26) avec ce prêt.
Il s’approvisionnait auprès des commerçants grossistes de San, mais avec l’augmentation du fonds de commerce, il compte aller juste qu’a Lomé ( capitale de Togo). Il vend dans sa boutique au grand marché de San et dans les foires hebdomadaires à une clientèle constituée de femmes et d’hommes à crédit ou au comptant.
Il compte réaliser un bénéfice mensuel de 175.000FCFA qu’il envisage utiliser pour rembourser l’échéance du prêt, payer les frais de scolarité de ses enfants, acheter la nourriture et investir le reste dans d’autres activités de revenus .

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
  • 39
    View loans »
    Mali Loans Fundraising
  • $11,450,100
    Funds lent in using Kiva
  • 523.5
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD