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Bourama
Mr. Bourama Konaté is a 29 year-old married man. He lives with his wife and child in the Massablacoura neighborhood of Bougouni. Not having attended a modern school, at a young age he embarked on activities that would generate an income, such as selling clothing. That business was not successful for him. Then, he decided to observe his uncle to learn about selling grocery items in a store. After more than two years of experience, Mr. Bourama Konaté has mastered his business. In order to obtain a consistent working capital, he decided to affiliate with the Soro Yiriwaso loan program to buy a variety of grocery items for his store. This is his first loan with Soro Yiriwaso. He gets his supplies in Bamako (capital of the republic of Mali) from wholesalers. His customers come from the local population. He expects to make a monthly profit of 40,000 CFA with this loan. He wants to use the loan to expand his store.
View original language description ↓
Monsieur Bourama Konaté est un homme marié de 29 ans et père d’un enfant qui vit avec sa femme et son enfant dans le quartier Massablacoura de Bougouni.
N’ayant pas fréquenté l’école moderne, dès son jeune âge il commença les activités génératrices de revenus telle la vente des habits. Cette activité ne lui est pas réussi, alors il décida de suivre son oncle pour apprendre la vente d’articles divers dans une boutique.
Avec une expérience de plus 2 ans, Monsieur Bourama Konaté maîtrise son activité.
Pour obtenir un fonds de roulement consistant, il décide d’intégrer le programme crédit de Soro Yiriwaso pour acheter des articles divers pour sa boutique. Il est à sa première expérience avec Soro Yiriwaso.
Il s’approvisionne à Bamako (capitale de la république du Mali) auprès des grossistes. Sa clientèle est composée de la population locale.
Avec ce prêt, il compte réaliser un bénéfice mensuel de 40.000FCFA Avec ce bénéfice il ambitionne agrandir sa boutique.

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
  • 153
    View loans »
    Mali Loans Fundraising
  • $11,272,850
    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 Bourama to buy a variety of items for his store.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 19, 2010
Listed
Oct 1, 2010
Currency Exchange Loss:
Covered
Ended:
Sep 15, 2011