Check out some available loans that are similar to this one!
Lassina
Monsieur Lassina is about 35 years old, married, and the father of three children. He lives with his family in Wayerma II, a neighborhood in downtown Sikasso (third administrative region of the Republic of Mali). After running several businesses without success, Monsieur Lassina has been buying and selling diverse products for three years. He has a shop in front of his family's home, where he trades in cigarettes, candy, matches, gum, powdered milk, tea, sugar, soap, etc. He is very much in demand by his clients because his products are of good quality.

To satisfy his growing clientele, he decided to join the microfinance institution Soro Yiriwaso about four years ago. He has already received three loans which have all been duly repaid.

He is seeking a fourth loan to buy fifteen cartons of various cigarettes, five bags of sugar, twelve boxes of tea, five packages of candy, nine packages of gum, twenty-five packages of matches, fifteen boxes of soap, etc. His merchandise is bought from wholesale sellers in the city to be sold retail in his shop.

With this loan he plans to make a monthly profit of 200,000 FCFA, which will primarily be used to help pay family expenses, pay interest on his loan, and invest in his business.
View original language description ↓
Monsieur Lassina a 35 ans environ, marié et père de trois enfants. Il réside avec sa famille à Wayerma II, le centre ville de Sikasso (troisième région administrative de la république du Mali).
Monsieur Lassina après avoir mené plusieurs activités sans succès, s’est initié depuis maintenant trois ans aux activités de commerce d’articles divers dont il dispose d’une boutique devant le domicile conjugal, où il mène son activité d’achat et vente de Cigarettes, bonbons, allumettes, Chewing Gum, lait en poudre, Thé, sucres, savons, etc. Il est beaucoup sollicité de sa clientèle pour la qualité de ses produits.
Pour satisfaire sa clientèle de plus en plus croissante, il décida de rejoindre l’institution de microfinance Soro Yiriwaso il y a environ quatre ans. Il a déjà bénéficié de 3 crédits qui ont été tous correctement remboursés.
Il sollicite ainsi ce quatrième crédit pour pouvoir acheter, 15 cartouches de Cigarettes différentes, 5 sacs du sucre, 12 cartons du thé, 5 paquets de bonbon, 9 paquets de Chewing Gum, 25 paquets d’allumette, 15 cartons de savons, etc. Ses marchandises sont achetées auprès de commerçants grossistes de la ville avant de les revendre en détail dans sa boutique.
Il envisage réaliser avec ce prêt un bénéfice mensuel de 200 000 FCFA qui sera utilisé essentiellement pour augmenter contribuer aux dépenses familiales, payer les intérêts de son prêt et investir le reste dans son activité.

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

  • $1,100
    Average annual income
  • 29
    View loans »
    Mali Loans Fundraising
  • $11,391,925
    Funds lent in using Kiva
  • 454.9
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD