Check out some available loans that are similar to this one!
Yamoussa
Mr. Yamoussa D. is 27 years old, married, and without any children.  He resides with his wife in Sanoubougou I, one of the working-class districts in Sikasso City (3rd administrative region of the Republic of Mali). After having operated many businesses unsuccessfully, he got introduced to sewing as a business in 2002.  His tailoring shop is found in front of his home in Sanoubougou I, where he already has four machines, including an embroidering machine and three simple sewing machines.  

Mr. D. is in high demand by his customers for the quality of his services. Concerned about further satisfying his burgeoning customer base, he decided to join the micro-finance institution Soro Yiriwaso and is now on his second loan.   He plans on using this loan for buying an embroidering machine in order to respond to his customers better.

With this loan, he envisions making a monthly profit of 100,000 francs CFA that will be used essentially to increase his business capital, to help with family expenses, and to pay the loan interest.  
View original language description ↓
Monsieur Yamoussa D. est âgé de 27 ans, marié sans enfant et résidant avec son épouse à Sanoubougou I, un des quartiers populaires de la ville de Sikasso ( troisième région administrative de la république du Mali).
Monsieur Yamoussa D. après avoir mené beaucoup d’activités sans succès, s’est initié à cette activité de couture depuis l’année 2002. Son atelier de couture se trouve devant son domicile à Sanoubougou I où il dispose déjà de 4 machines dont une machine de broderie et trois machines de couture simples. Monsieur D. est beaucoup sollicitée de sa clientèle pour la qualité de ses services.
Dans le souci de mieux satisfaire sa clientèle de plus en plus croissante, Il décida d’intégrer l’institution de microfinance Soro Yiriwaso avec qui il est à son deuxième prêt., qu’il compte utiliser pour acheter une machine de broderie afin de mieux répondre aux attentes de sa clientèle.
Il envisage réaliser avec ce prêt un bénéfice mensuel de 100 000 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
  • 19
    View loans »
    Mali Loans Fundraising
  • $10,726,175
    Funds lent in using Kiva
  • 497.1
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Yamoussa buy a new embroidering machine.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 10, 2010
Listed
Dec 15, 2010
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2011