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Moussa
Moussa Samake is 25 years old and he lives with his 2 children and his wife in a traditional family in Moridjambougou, a quarter in the city of Ouelessebougou of the Kati prefecture, in the Region of Koulikoro.

Moussa Samake did not have the chance to complete school and early on he left the school system. He became interested in revenue-generating activities, especially raising livestock (one of the family businesses) and the sale of cereal grains, a business he learned from his uncle. With a four-year experience, Mr. Moussa Samake enjoys a high reputation and is highly solicited in Ouelessebougou and the surrounding regions.

In order to satisfy his growing clientele, he decided to join Soro Yiriwaso (Kiva Field Partner). Having successfully repaid his first loan, he is now on his second individual loan. It will be used to purchase 4 tons of cereal grains (corn, beans, millet) from the producers. He will store his inventory for at least one month. He sells essentially in wholesale to a clientele made up of retailers who come from large cities, such as Bamako.

Moussa Samake expects to earn a monthly income of 25.000 FCFA which will be used to repay this loan and to reinvest the remaining portion in his business.
Monsieur Moussa Samaké est âgé de 25 ans et vit avec ses 2 enfants et son épouse dans une famille traditionnelle à Moridjambougou, un des quartiers de la ville de Ouelessebougou, préfecture de Kati, Région de Koulikoro.
Moussa Samaké n’a pas eu la chance de réussir à l’école car il fut vite exclu du système éducatif. Alors il s’intéressa aux activités génératrices de revenus notamment à l’embouche (qui est une des activités de leur famille) et à l’achat stockage vente de céréales qu’il appris auprès de son oncle. Avec une expérience de quatre ans, Monsieur Moussa Samaké jouit d’une grande renommée et est très sollicité à Ouelessebougou et environs.
Dans le souci de satisfaire sa clientèle en nette croissance, il décida de collaborer avec Soro Yiriwaso. Après avoir correctement remboursé le premier prêt il est à son deuxième individuel qui servira à acheter, 4 tonnes de céréales (maïs, haricot, mil) auprès des paysans producteurs qu’il gardera pendant au moins un mois. Il vend essentiellement en gros à une clientèle constituée de revendeurs venant des grandes villes telles Bamako.
Moussa Samaké espère réaliser un bénéfice moyen mensuel de 25.000 FCFA qui sera utilisé pour rembourser le prêt et être réinvestir le reste dans les activités.

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
  • 9
    View loans »
    Mali Loans Fundraising
  • $10,386,300
    Funds lent in using Kiva
  • 482.4
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $525 helped Moussa to purchase cereal grains.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Jan 10, 2011
Listed
Jan 25, 2011
Currency Exchange Loss:
Possible
Ended:
Nov 15, 2011