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Adama
Mr Adama D. is 38 years old. He is married and lives with his wife and 3 children in the Hérémakono Nord district of Bougoni.
Having never attended school, Mr Adama Kiallo has tried several income-generating activities such as selling clothes, shoes, cups etc but without success. He ended up learning from his grandfather how to buy and sell various articles and run his own shop. With more than 2 years experience, he is mastering this business and his service is in high demand.

To further improve his business, Mr Adama D. decided to collaborate with Soro Yiriwaso to buy various articles for his shop. This is his third individual loan and he has diligently repaid all his previous loans. He sources his products from Bamako (capital of the Republic of Mali) and his clientele is the local population.

With this loan Mr Adam D. hopes to generate a monthly profit of 60 500FCFA, with which he intends to make his shop larger and to cover all his family's expenses.
View original language description ↓
Monsieur Adama D. est un homme marié de 38 ans et père de 3 enfants qui vit avec sa femme et ses enfants dans le quartier Hérémakono Nord de la ville de Bougouni.
N’ayant pas fréquenté le système scolaire, Monsieur Adama D. tenta plusieurs activités génératrices de revenus telles la vente d’habits, de chaussures, de tasses, etc, mais sans réussite. Il finit par apprendre auprès de son grand frère les activités d’achat et de vente de divers articles pour boutique. Avec plus de 2 années d’expérience, il maitrise son activité et est très sollicité.
Pour améliorer son activité, Monsieur Adama D. décida de collaborer avec Soro Yiriwaso pour acheter des articles divers pour sa boutique.
Il est à son troisième prêt individuel et tous les prêts précédent ont été correctement remboursés.
Il s’approvisionne à Bamako (capitale de la république du Mali). Sa clientèle est composée de la population locale.
Avec ce prêt, Monsieur Adama D. compte réaliser un bénéfice mensuel de 60 500 FCFA.
Avec ce bénéfice il envisage agrandir sa boutique et assurer les 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
  • 42
    View loans »
    Mali Loans Fundraising
  • $10,429,550
    Funds lent in using Kiva
  • 529.3
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $950 helped Adama achat d’articles divers pour boutique.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Jun 9, 2010
Listed
Jul 1, 2010
Currency Exchange Loss:
Covered
Ended:
Jun 15, 2011