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Moussa
Mr. Moussa S. is a 37-year-old married man and father of one child. He lives with his wife and his child in the neighborhood of Torakabougou in Bougouni (Third administrative region of Mali).

Mr. Moussa S. stopped going to school early on and tried for years various income-generating activities. These were not successful mostly because of his lack of working capital.

Eventually Moussa learned the sale of fuel from his friends. This is in addition to his services of spraying courtyards and gardens. He has a 10-year experience and masters his activity.

In order to meet his clients' demand he decided to join the loan program from Soro Yiriwaso to buy five 20-liter drums of diesel fuel and products for spraying. He gets his supplies in Bougoni. This is his first experience with Soro Yiriwaso. His shop is located on the road from Bougoni to Sikasso. His customers are local people.

He hopes to make a monthly profit of 45 000 Francs CFA which will be used mostly to improve his business.
View original language description ↓
Monsieur Moussa S. est homme marié de 37 ans et père d’un enfant. Il vit avec sa femme et son enfant dans le quartier Torakabougou de Bougouni (troisième région administrative de la république du Mali).
Monsieur Moussa S. a abandonné l’école très tôt pour tenter pendant des années, différentes activités génératrices de revenus qui n’ont pas été couronnées de succès en raison surtout de la faiblesse de son fonds de roulement.
Finalement Moussa en plus de ses activités de prestations de pulvérisation de cours et jardins, il appris auprès d’un de ses amis, la vente de carburant.
Avec une expérience de plus de 10 ans, il maîtrise son activité.
Afin de satisfaire sa clientèle, il décide d’intégrer le programme crédit de Soro Yiriwaso, pour acheter, 5 bidons de 20 litre du gaz-oil et des produits pour la pulvérisation.
Il s’approvisionne à Bougouni. Il est à sa première expérience avec Soro Yiriwaso.
Son atelier est situé au bord la route reliant Bougouni à Sikasso.
Sa clientèle est composée de la population locale.
Il compte réaliser un bénéfice mensuel de 45 000FCFA qui sera utilisé essentiellement pour améliorer son entreprise.

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
  • 16
    View loans »
    Mali Loans Fundraising
  • $10,308,425
    Funds lent in using Kiva
  • 509.5
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $450 helped Moussa purchase of various products.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 2, 2010
Listed
Oct 1, 2010
Currency Exchange Loss:
Covered
Ended:
Jun 15, 2011