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Drissa
Born in January 1983 in Sikasso, Drissa is married and lives with his brother in Kaboïla II, one of the neighborhoods of Sikasso (third administrative region of the Republic of Mali).
Since he did not get a chance to further his education, Drissa quickly got into the business of buying and selling cell phones and phone accessories (covers, batteries, chargers, headphones, etc.) 3 years ago. He does this at his own booth in the big market of Sikassa, with a client base composed of all social classes, but especially itinerant merchants. Because of their quality, the products he sells are in high demand.
In order to better meet the needs of his growing clientele, he decided to partner with Soro Yiriwaso, a microfinance institution, about a year ago. He was granted 2 loans, which have been successfully paid back. In order to boost his business, he is applying for a third loan which will enable him to buy 20 phones of various brands, 3 boxes of phone covers, 20 packs of memory cards, 5 boxes of batteries, and 2 dozens of headphones in Bamako.
He expects to make a monthly profit of 200.000 FCFA, which will be mostly used to contribute to his family's expenses, pay back his loan, and reinvest in his business.
View original language description ↓
Né en Janvier 1983 à Sikasso, Monsieur Drissa est marié et réside chez son frère à Kaboïla II, un des quartiers populaires de la ville de Sikasso ( troisième région administrative de la république du Mali).
Drissa n’ayant pas eu la chance de progresser dans les études, s’est vite initié à cette activité d’achat et de vente de téléphones portables et leurs accessoires (façade, batterie, chargeur, écouteur, etc.) il y a environ trois ans. Son activité est menée dans sa propre boutique au grand marché de Sikasso avec une clientèle composée de toutes les couches sociales et surtout des forains. Il est beaucoup sollicitée de sa clientèle pour la qualité de ses produits.
Dans le souci de mieux satisfaire sa clientèle de plus en plus croissante, Il décida d’intégrer l’institution de microfinance Soro Yiriwaso il y a environ une année. Il a bénéficié deux crédits qui ont été correctement remboursés. Dans le but de mieux relancer cette activité, il sollicite ainsi un troisième crédit qui lui permettra d’acheter à Bamako 20 téléphones portables de marques différentes, 3 cartons de façade, 20 chargeurs, 20 paquets de carte mémoire, 5 cartons de batterie et 2 douzaines d’écouteur.
Il envisage réaliser avec ce prêt un bénéfice mensuel de 200 000 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
  • 10
    View loans »
    Mali Loans Fundraising
  • $10,386,300
    Funds lent in using Kiva
  • 501.9
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Drissa to buy cell phones and phone accessories.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Dec 2, 2011
Listed
Dec 28, 2011
Currency Exchange Loss:
Possible
Ended:
Aug 15, 2012