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Adama
Born 1980 in Koutiala, Adama is a married man and father of six children. He lives with his family in Loulouni, one of the sub-prefectures of the third administrative region (Sikasso) of Mali.

Adama has worked in the food industry for about six years, selling coffee and consumer goods. He has a good reputation in this business and serves many clients, especially on Loulouni fair days, but he does not have sufficient resources to satisfy them all. That is why he decided to collaborate with Soro Yiriwaso. He is on his fourth loan, the previous ones having been properly reimbursed.

With this loan, he intends to buy sugar, coffee, milk, eggs, French butter and packets of items for the store.

He hopes to make a monthly profit of 100,000 FCFA, which he will use to cover his essential expenses and pay the interest on his loan. He will invest the rest in his business.
Né vers 1980 à Koutiala, ADAMA est un homme marié et père de six enfants, qui vit avec sa famille à Loulouni, une des sous préfecture de la 3eme Région Administrative (Sikasso) du MALI.
ADAMA mène cette activité de restauration avec la vente de café et vente de biens de consommation, il y a environ six ans. Il jouit d’une forte réputation dans cette activité et reçoit beaucoup de clients surtout les jours de foire de Loulouni, mais ses ressources ne peuvent pas lui permettre de les satisfaire. C’est ainsi, qu’il décida de collaborer avec Soro Yiriwaso. Il est à son quatrième prêt , les prêts antérieurs ont été correctement remboursés.
Il compte acheter avec son prêt du sucre, du café, du lait, des œufs, du beurre français et des paquets d’ articles de boutique.
Il envisage réaliser un bénéfice mensuel de 100 000 FCFA qui sera utiliser pour assurer l’essentielle de ses dépenses, 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
  • 12
    View loans »
    Mali Loans Fundraising
  • $10,215,175
    Funds lent in using Kiva
  • 490.3
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Adama to buy various items.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 17, 2011
Listed
Nov 24, 2011
Currency Exchange Loss:
Possible
Ended:
Aug 15, 2012