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Mr. Yaya is 39 years old. Married with two children, he resides with his family in Sanoubougou I, one of the working-class districts of Sikasso.

After unsuccessfully trying his hand at several activities, Mr. Yaya became involved in retail commerce about four years ago, and operates a hardware store at Sikasso's great market. He is much sought after by his clients due to the quality of his products.

To satisfy his expanding customer base, he decided to join the Soro Yiriwaso micro-finance institution. This is his first individual loan.

With this first loan he plans to buy 10 boxes of glue, 15 cartons of welding sticks, 15 packages of paint, 50 meters of wire, 5 shovels, 5 pickaxes, etc. He buys from Bamako wholesalers before reselling in detail mainly to a customer base of homebuilders (architects, contractors, masons, etc.).

He expects this loan to generate monthly profits of 150,000 FCFA, that will be used primarily in dealing with family expenses and paying loan interests. The remainder will be invested in his business activity.
View original language description ↓
Monsieur Yaya a 39 ans, marié et père de deux enfants, il réside avec sa famille à Sanoubougou I, un des quartiers populaires de la ville de Sikasso.
Monsieur Yaya après avoir mené plusieurs activités sans succès, s’est initié au domaine du commerce il y a environ quatre ans et il dispose d’une quincaillerie au grand marché de Sikasso. Il est beaucoup sollicité de sa clientèle pour la qualité de ses produits.
Pour satisfaire sa clientèle de plus en plus croissante, il décide de rejoindre l’institution de microfinance Soro Yiriwaso, il est à son premier prêt individuel.
Avec ce premier prêt, il compte acheter 10 boîte de colle, 15 cartons baquette, 15 paquets de peinture, 50mètres de fil, 5 pelles, 5 piquaches, etc . Il s'approvisionne auprès de commerçants grossistes à Bamako avant de les revendre en détail à une clientèle composée généralement des constructeurs de maison (architectes, entrepreneurs, maçons, etc.).
Il envisage réaliser avec ce prêt un bénéfice mensuel de 150 000 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
  • 22
    View loans »
    Mali Loans Fundraising
  • $10,282,350
    Funds lent in using Kiva
  • 490.3
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $825 helped Yaya to purchase hardware store items.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Nov 15, 2011
Nov 25, 2011
Currency Exchange Loss:
Jun 15, 2012