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Siaka
Mr. Siaka Traoré is 31 years old, married and the father of two children. He lives with his wife and children in his uncle’s home in the Torakabougou borough of Bougouni.

Having stopped going to school at an early age, he decided to learn the tailoring trade from his uncle. He now has ten years’ experience in this activity which he masters well. In addition to his tailoring activity, he also sells material often used by tailors and dressmakers.

To strengthen his business he decided to join the Soro Yiriwaso loan programme where this will be his first experience. With the loan he wants to buy fabric, buttons, chains, thread, needles, etc., for resale to a customer base of tailors and dressmakers.

He gets his supplies from Bougouni and Bamoko (capital of the Republic of Mali). Religious festivities are the time when sales are at their peak. He is counting on monthly earnings of 40,500 FCFA.

With his earnings he will make improvements to his workshop to attract customers, contribute towards family expenses and open another workshop.
View original language description ↓
Monsieur Siaka Traoré est un homme marié de 31 ans et père de 2 enfants. Il vit avec sa femme et ses enfants chez son oncle à Bougouni dans le quartier Torakabougou.
Ayant vite abandonné l’école dès son jeune âge, il décida d’apprendre le métier de tailleur auprès de son oncle.
Il a 10 années d’expérience dans ce domaine qu’il maîtrise bien. En plus de ses prestations de couture, il vend actuellement les matériels que les tailleurs et couturiers utilisent fréquemment.
Pour renforcer ses activités, il décida d’intégrer le programme de crédit de Soro Yiriwaso avec qui il est à sa première expérience.
Avec ce prêt il compte acheter, des tissus, boutons, chaînes, fil, aiguilles etc pour les revendre à une clientèle composée de tailleurs et couturiers.
Il s’approvisionne à Bougouni et à Bamako (Capitale de république du Mali).
Les fêtes religieuses constituent les moments où il y a plus de ventes.
Il compte réaliser un bénéfice mensuel de 40 500 FCFA.
Avec ce bénéfice il compte améliorer son atelier afin d’attirer les clients, contribuer aux dépenses de la famille et ouvrir un autre atelier.

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
  • 30
    View loans »
    Mali Loans Fundraising
  • $10,710,275
    Funds lent in using Kiva
  • 516.8
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $400 helped Siaka buy sewing material.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 17, 2010
Listed
Oct 1, 2010
Currency Exchange Loss:
Covered
Ended:
Jul 15, 2011