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Daouda
Mr. Daouda C. is a 24 year old married man without children who lives in a monogamous family in the Eastern District in Kolondièba prefecture (third administrative region of the Republic of Mali). He has a business selling various articles, buying and selling clothing, shoes, fabric etc. To increase his capital and satisfy his customers, he decided to join Soro Yiriwaso's loan program. He is on his second loan, having paid the first loan on the dates due. His shop located at Kolondièba market draws many customers. With this loan, he intends to buy 40 ready-to-wear outfits, 30 Dutch wax pagnes (a colorful West African cloth) and 100 pairs of shoes made of plastic or leather. He gets his supplies in Bamako (capital of the Republic of Mali). His sales are in cash and often by credit to a clientele composed of men and women. He expects to make a monthly profit of 50,000 CFA. which will be reinvested in health care, food and clothing.
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Monsieur Daouda C. est un homme marié et sans enfant de 24 ans qui vit dans une famille monogame dans le quartier Est dans la préfecture de Kolondièba (troisième région administrative de la république Mali.
Monsieur C. fait le commerce d’articles divers avec l’achat vente d’habits, de chaussures, de tissus etc.
Afin d’augmenter son capital et satisfaire sa clientèle, elle a décidé d’adhérer au programme crédit de Soro Yiriwaso. Elle est à son deuxième prêt. Le premier a été bien remboursé et aux dates dues. Sa boutique sise au marché de Kolondièba est très fréquentée.
Elle compte acheter avec ce prêt, 40 complets de prêt-à-porter, 30 pagnes de wax Hollandaise et 100 paires de chaussures en plastiques et en cuirs.
Elle s’approvisionne à Bamako la capitale de la république du Mali. Avec une clientèle composée de femmes et d’hommes, elle vend au comptant et souvent à crédit.
Elle compte réaliser un bénéfice moyen mensuel de 50. 000 F CFA qui sera réinvesti dans la santé, nourriture et habillement.

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
  • 20
    View loans »
    Mali Loans Fundraising
  • $10,411,675
    Funds lent in using Kiva
  • 500.5
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $800 helped Daouda to buy various articles.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Dec 30, 2010
Listed
Jan 13, 2011
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2012