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Drissa
Born January 10, 1983 in Sikasso, Mr. Drissa T. is married and lives in an extended traditional family in Kaboïla II, a popular neighborhood of Sikasso (third administrative region of Mali).

Having not had the opportunity to pursue studies, Drissa T. (No. 2) started to buy and sell mobile phones and accessories (faceplates, batteries, chargers, earphones, etc.) about three years ago. He runs his business out of his own shop at the big market of Sikasso. His clientele consists of all walks of life, and especially fair goers. He is in high demand due to the quality of his products.

In order to better serve a steadily increasing customer base, he turned to the microfinance institution Soro Yiriwaso about a year ago. He received a first loan, which was fully reimbursed.

Wishing to strengthen his activity, he is seeking a second loan to buy more merchandise in Bamako including 15 different brands of mobile phones, 2 cartons of faceplates, 20 chargers, 18 packs of memory cards, 4 cartons of batteries, 2 dozens sets of earphones, etc.

With this loan, he expects to earn a monthly profit of 190,000 FCFA, which will be used primarily to bolster his business, help with the family expenses, and pay the interest on the loan.
Né le 10 Janvier 1983 à Sikasso, Monsieur Drissa T. est marié et vit dans une famille traditionnelle élargie à Kaboïla II, un des quartiers populaires de la ville de Sikasso ( troisième région administrative de la république du Mali).
Drissa T. N. n’ayant pas eu la chance de progresser dans les études s’est initié à cette activité d’achat et vente des téléphones portables et leurs accessoires (façade, batterie, chargeur, écouteur, etc.) il y a environ trois ans. Son activité est menée dans sa propre boutique au grand marché de Sikasso avec une clientèle composée de toutes les couches sociales et surtout de forains. Il est beaucoup sollicité de sa clientèle pour la qualité de ses produits.
Dans le souci de mieux satisfaire sa clientèle de plus en plus croissante, Il décida d’intégrer l’institution de microfinance Soro Yiriwaso il y a environ une année. Il a bénéficié d’un premier prêt qui a été correctement remboursé. Dans le but de mieux relancer cette activité, il sollicite ainsi un deuxième prêt qui lui permettra d’acheter à Bamako 15 téléphones portables de marques différentes, 2 cartons de façades, 20 chargeurs, 18 paquets de carte mémoire, 4 cartons de batterie, 2 douzaines d’écouteur, etc.
Il envisage réaliser avec ce prêt un bénéfice mensuel de 190 000 FCFA qui sera utilisé essentiellement pour augmenter son fonds de commerce, contribuer aux dépenses familiales et payer les intérêts de son prêt.

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
  • 21
    View loans »
    Mali Loans Fundraising
  • $10,738,725
    Funds lent in using Kiva
  • 477.0
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,050 helped Drissa to purchase mobile phones and accessories.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Nov 2, 2010
Listed
Nov 10, 2010
Currency Exchange Loss:
Covered
Ended:
Sep 15, 2011