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Mamadou
Born around 1968 in Sikasso, Mr. Mamadou is a married man who resides with his wife and their children in a large traditional extended families in Sikasso City (3rd administrative region of the Republic of Mali). After having run several businesses unsuccessfully, he has become familiar with the domain of poultry since 2006.

Mr. Mamadou has a farm not far from Sikasso City on Route RN7 where there are hundred of birds (hens, Guinea hens, geese, turkeys, pigeons, etc.) He is much in demand by his customers for the quality of his birds, which are good quality and watched over by qualified veterinarians.

To satisfy his burgeoning customer base, Mr. Mamadou decided to join the micro-finance institution Soro Yiriwaso about two years ago. He has already benefited from three loans with it. He is thus requesting this fourth individual loan to buy chicks and some farmyard medicines and feed.

With this loan, he envisions making a monthly profit of 175,000 francs CFA that will be used essentially to help with family expenses and to cover the interest on his loan. The rest will be invested in his business.
View original language description ↓
Né vers 1968 à Sikasso, Monsieur Mamadou est marié et réside avec son épouse et leurs enfants dans une grande famille traditionnelle élargie dans la ville de Sikasso (troisième région administrative de la république du Mali).
Monsieur Mamadou après avoir mené plusieurs activités sans succès, s’est initié au domaine de l’aviculture depuis l’année 2006. Il dispose d’une ferme non loin de la ville de Sikasso sur la route RN7 où il y a des centaines de tête d’oiseaux (poules, pintades, oies, dindons, pigeons, etc.). Il est beaucoup sollicité de sa clientèle pour la qualité de ses volailles qui sont de bonnes qualités et bien suivies par des vétérinaires qualifiés.
Pour satisfaire sa clientèle de plus en plus croissante, il décida de rejoindre l’institution de microfinance Soro Yiriwaso il a 2 ans environ et avec qui il à déjà bénéficié de trois prêts.
Il sollicite ainsi ce quatrième prêt individuel pour acheter, des poussins, des médicaments et nourritures de sa base cour.
Avec ce prêt il envisage réaliser un bénéfice mensuel de 175 000 FCFA qui sera utilisé essentiellement pour 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

  • $1,200
    Average annual income
  • 75
    View loans »
    Mali Loans Fundraising
  • $10,874,800
    Funds lent in using Kiva
  • 486.9
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,050 helped Mamadou to buy chicks and some medicine.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 1, 2011
Listed
Nov 17, 2011
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2012