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Mr. Alasseni was born in 1974 in Kadiolo. He is the father of five children all living in a traditional family in Kai, part of the Kadiolo prefecture.

He has been trading in cereals for four years. His experience in this area has earned him a good reputation and he is getting orders for cereals, especially maize.

To ensure he has the necessary resources to satisfy his clients, he has been working with the Soro Yiriwaso micro-finance institution, where he has already completed five loan cycles, all of which were properly settled.

This loan will enable him to buy two tons of maize and a half-ton of millet. He gets his supplies from villages in the vicinity of Kai. The grain is kept in his storeroom, and then resold for cash to both men and women customers coming from Sikasso and Bamako.

He expects this loan will produce average monthly profits of 80,000 FCFA. The profits will enable him to pay off loan interests and invest the remainder into his business activity.

He intends to become a renowned wholesaler to satisfy an increasing number of customers.
View original language description ↓
Monsieur ALASSENI est né en 1974 à KADIOLO. Père de cinq enfants vivant dans une famille traditionnelle à Kaï, préfecture de Kadiolo.
Il mène cette activité de commercialisation de céréales depuis 4 ans. Son expérience dans ce domaine, lui a valu une bonne réputation et reçoit des commandes de céréales, notamment du maïs. Ainsi pour avoir les ressources nécessaires afin de satisfaire ces clients, il collabore avec l’Institution de Micro Finance Soro Yiriwaso, il ya 5 cycles maintenant, les prêts passés ont été correctement dénoués.
Ce prêt lui permettra d’acheter 2 tonnes de maïs et 1/2 tonne de mil. Il s’approvisionne dans les villages avoisinants de Kaï. Les céréales sont stockés dans son magasin. Il les revend au comptant à une clientèle composée d’hommes et de femmes venant de SIKASSO et de BAMAKO.
Avec ce prêt, il envisage réaliser un bénéfice mensuel moyen de 80 000 FCFA. Ce bénéfice lui permettra de payer les intérêts de son prêt et investir le reste dans son activité.
Il compte devenir un grossiste de bonne renommé à fin de satisfaire ses nombreux clients qui ne cessent de croitre

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
  • 31
    View loans »
    Mali Loans Fundraising
  • $11,460,850
    Funds lent in using Kiva
  • 490.3
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD