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Abdoulaye
Mr. Abdoulaye is over 42 years old, married and a father of five. He lives with his wife and their children in Sikasso.
Mr. Abdoulaye is a car mechanic by trade, who works at the car repair shop of the Compagnie Malienne de Développement Textile (Malian Company for Textile Development) in Sikasso. In addition to his job, he has had a business fattening and selling cattle and poultry for about eight years.
In order to improve his operation and to meet ever-growing customer demand, he decided to join micro-finance organization Soro Yiriwaso four years ago. After three loans, which all were repaid timely, he is requesting his fourth loan to increase his working capital and equip the enclosure in which the cattle is fattened, as well as to buy five lean oxes. He purchases his cattle in Sikasso's neighboring towns (Lobougoula, Kadiolo, Bougouni, etc.). Mr. Abdoulaye, who feeds and fattens his cattle before the sale, increases his dairy yield thanks to higher-quality cows.
With this loan, he is planning on making a monthly profit of 350,000 FCFA. This will mainly be used to increase his working capital, contribute to the family's expenses and repay his loan's interests.
View original language description ↓
Monsieur Abdoulaye a plus de 42 ans, marié et père de cinq enfants, il réside avec son épouse et leurs enfants à Sikasso.
Monsieur Abdoulaye est un mécanicien de profession qui travaille au garage de Compagnie Malienne de Développement Textile (C.M.D.T.) de Sikasso, en plus de cette fonction, il mène des activités d'embouche et de commercialisation de bétails et de l’aviculture, il y a environ huit années, dans la ville de Sikasso.
Dans le souci de mieux améliorer ses activités d'embouche, afin de satisfaire sa clientèle de plus en plus croissante, il décida de rejoindre l’institution de microfinance Soro Yiriwaso il y'a de cela quatre ans. Après 3 prêts individuels tous correctement remboursés, il sollicite son quatrième prêt pour d’aménager son enclos d'embouche et acheter 5 bovins maigres. Il achète ses bétails dans les localités environnantes de Sikasso : Lobougoula, Kadiolo, Bougouni et Kolondièba. Monsieur Abdoulaye, qui nourrit et engraisse ses animaux avant la vente dans les différents marchés à bétails tels Bobo Dioulasso (au Burkina Faso), Ouangolo (en Côte d'Ivoire)et quelque fois à Sikasso ville, gagne beaucoup en produits laitiers grâce à ses vaches de meilleure qualité. Sa clientèle est composée essentiellement de bouchers et de revendeurs.
Il envisage réaliser avec ce prêt un bénéfice mensuel de 350.000 FCFA qui sera utilisé essentiellement pour augmenter son fonds de commerce, contribuer aux dépenses familiales et payer les intérêts de son prêt.

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
  • 41
    View loans »
    Mali Loans Fundraising
  • $11,450,100
    Funds lent in using Kiva
  • 456.3
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD