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Karim
Born January 10, 1973 in Bamako Mr. Karim is married with three children. He lives in a traditional extended family in Wayerma I, one of the suburbs of the city of Sikasso (third administrative region of the Republic of Mali).

Mr. Karim is a veterinarian who started this entertainment activity about 10 years ago. He has a game room at the front of his home which is much in demand since it has a television where young people come to enjoy Play-Station games.

To better serve an ever-increasing number of customers, he decided to join the Soro Yiriwaso micro-finance institution with which he is on his first individual loan.

He wants to diversify his services by buying two Play-Stations, one computer to burn CD/DVDs, two TVs and two DVD players. He intends to purchase the equipment in Ghana.

He expects this loan will generate monthly profits of 150,000 FCFA to be used primarily to increase his business, contribute towards family expenses and pay interest on the loan.
View original language description ↓
Né le 10 Janvier 1973 à Bamako Monsieur Karim est marié et père de 3 enfants résidant dans une grande famille traditionnelle élargie à Wayerma I, un des quartiers périphériques de la ville de Sikasso ( troisième région administrative de la république du Mali).
Monsieur Karim est vétérinaire de formation qui s'est initié à cette activité de divertissement il y a environ 10 ans dont il dispose une salle de jeu devant le domicile, il est beaucoup sollicité, il dispose un téléviseur avec lequel les jeunes viennent se divertir avec le jeu Play-Station.
Dans le souci de mieux satisfaire sa clientèle de plus en plus croissante, il décide de rejoindre l’institution de microfinance Soro Yiriwaso avec laquelle il est à un premier prêt individuel pour une diversification de ses services en achetant, deux Play-Station un ordinateur pour le gravage, deux Téléviseurs et deux DVD.
Il compte acheter ses marchandises au Ghana.
Il envisage réaliser avec ce prêt un bénéfice mensuel de 150.000 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

  • $1,200
    Average annual income
  • 86
    View loans »
    Mali Loans Fundraising
  • $10,910,925
    Funds lent in using Kiva
  • 492.6
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Karim to purchase electronic devices (Play Station, TV, DVD player).
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 25, 2011
Listed
Dec 14, 2011
Currency Exchange Loss:
Possible
Ended:
Nov 15, 2012