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Mr. Balla C. is 40 years old and he lives with his 4 children and his wife as a monogamous family in Dangassa. It is one of the villages in the Kati prefecture in the region of Koulikoro.

Balla C. did not have the opportunity to go to school. At a very young age he became interested in revenue-generating activities such as the buying and selling of cereal grains. He learned this trade from his maternal uncle, who was once a great cereal grains merchant.

In order to satisfy his every growing clientele, he decided to join Soro Yiriwaso (Kiva Field Partner). Following the successful repayment of the previous 4 loans, he is now on his fifth individual loan and he will use it to purchase 5 tons of cereal grains (corn, beans, millet, and fonio seed) from the producers in Dangassa and surrounding areas. He will store the grains until the products are sold in the market. He sells primarily in wholesale to a clientele made up of retailers who travel from large cities, such as Bamako.

Balla C. expects to earn a monthly income of 75.000 FCFA which will be used to repay this loan and the remaining portion will be reinvested into the business.
Monsieur Balla C. est âgé de 40 ans et vit avec ses 4 enfants et son épouse dans une famille monogame à Dangassa, un des villages de la préfecture de Kati, Région de Koulikoro.
Balla C. n’a pas eu la chance d’aller à l’école. Très tôt il s’intéressa aux activités génératrices de revenus notamment à l’achat stockage vente de céréales. Il a appris cette activité auprès de son oncle maternel, qui fut jadis un grand commerçant de céréales.
Dans le souci de satisfaire sa clientèle en nette croissance, il décida de collaborer avec Soro Yiriwaso. Après avoir correctement remboursé ses 4 prêts précédents il est à son cinquième individuel qui servira à acheter, 5 tonnes de céréales (maïs, haricot, mil, fonio) auprès des paysans producteurs de Dangassa et environnants qu’il gardera jusqu’à ce que les produits soient sur le marché. Il vend essentiellement, sur place en gros à une clientèle constituée de revendeurs venant des grandes villes telles Bamako.
Balla C. espère réaliser un bénéfice moyen mensuel de 75.000 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
  • 37
    View loans »
    Mali Loans Fundraising
  • $10,780,200
    Funds lent in using Kiva
  • 482.4
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $850 helped Balla to purchase cereal grains.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Dec 27, 2010
Jan 25, 2011
Currency Exchange Loss:
Oct 15, 2011