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Cheick Oumar
Mr. Cheick Oumar O. is 39 years old and a father of 3. He lives with his wife and children in the Torakabougou neighbourhood.

After high school he received a diploma in accounting, but he remained unemployed for some time. So Cheick Oumar turned his efforts to income-generating activities and has done so for 15 years now. He buys and sells various items, including cloth to make shirts and pants, perfumes, etc. He stocks up in Bamako (the capital of Mali), Lomé and Burkina Faso. He has both male and female customers. During religious festivals and ceremonies (baptism, marriage) his sales are at their highest.

With this loan, he hopes to make a monthly profit of 65,000 XOF.
Monsieur Cheick Oumar O. est un homme marié de39 ans et père de 3 enfants qui vit dans une famille nucléaire, avec sa femme et ses enfants à Bougouni dans le quartier Torakabougou.
Après des études secondaires il a obtenu un diplôme en comptabilité, mais est resté très longtemps sans avoir un emploi. Alors Cheick Oumar s’oriente vers les activités génératrices de revenus et cela depuis maintenant 15 ans. Il mène des activités d’achats et de ventes d’articles divers tels les tissus pour chemises, pantalons, des parfums etc.
Monsieur Cheick Oumar O. maîtrise son activité et est très sollicité.
Vu la faiblesse de son fond de roulement, il décide rejoindre Soro Yiriwaso afin d’acheter des articles de fête, des tissus pour ‘pantalons et chemises’ et des parfums.
Il s’approvisionne à Bamako (capitale de la république du Mali), à Lomé et au Burkina Faso. Sa clientèle est composée d’hommes et de femmes.
Les fêtes religieuses et les grandes cérémonies (baptême, mariages) sont les périodes où les ventes de ses articles sont intenses.
Avec ce prêt, il compte réaliser un bénéfice mensuel de 65 000 FCFA.

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
  • 27
    View loans »
    Mali Loans Fundraising
  • $10,748,325
    Funds lent in using Kiva
  • 523.1
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $775 helped Cheick Oumar buy cloth, perfume and other items.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Jul 1, 2010
Listed
Jul 5, 2010
Currency Exchange Loss:
Covered
Ended:
Feb 16, 2011