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Nouhoum
Mr. Nouhoum is a 51-year-old married father of three. He lives with his wife and children at his uncle’s home in an enlarged traditional family in Bougouni, in the Hérémakono Nord neighborhood. Having not attended modern school, he has been working for a living since he was young. For years, he has been buying and selling fish, but this business has never truly appealed to him. This is why three years ago, he decided to change his business to buy and sell oxen. He learned how to conduct this business from a friend. Having been introduced to Soro Yiriwaso by his wife, who is one of their clients, he decided to take a loan to buy four or five oxen. He stocks up in Bougouni and neighboring villages. He sells at the cattle market in Bougouni and a part of Bamako to a clientele primarily composed of butchers. Mr. Nouhoum plans to earn 75,000 FCFA monthly. With his profit, he envisions building a house to live in and to grow his business.
View original language description ↓
Monsieur Nouhoum est un homme marié de 51 ans et père de 3 enfants. Il vit avec sa femme et ses enfants chez son oncle dans une famille traditionnelle élargie, à Bougouni, dans le quartier Hérémakono Nord.
N’ayant pas fréquenté l’école moderne, dès son jeune âge il commença les activités génératrices de revenus.
Durant des années, il mena les activités d’achat et de vente de poissons, mais cette activité ne lui a véritablement pas souri. C’est ainsi que depuis 3 ans il décida de changer d’activité pour mener les activités d’achat et de vente de boeufs. Il a appris cette activité auprès de son ami.
Ayant fait la connaissance de Soro Yiriwaso à travers sa femme qui est une cliente de l’institution, il décida de prendre lui aussi un prêt pour acheter quelques quatre à cinq boeufs. Il s’approvisionne à Bougouni et dans les villages environnants. Il effectue sa vente au marché à bétail de Bougouni et une partie à Bamako, à une clientèle composée essentiellement de bouchers.
Monsieur Nouhoum compte réaliser un bénéfice mensuel de 75.000 FCFA.
Avec ce bénéfice il envisage construire une maison à usage d’habitation et agrandir son entreprise.

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
  • 153
    View loans »
    Mali Loans Fundraising
  • $11,272,850
    Funds lent in using Kiva
  • 456.3
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,100 helped Nouhoum to buy oxen.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Aug 4, 2011
Listed
Sep 3, 2011
Currency Exchange Loss:
Possible
Ended:
Sep 15, 2012