Check out other loans that are currently fundraising!
Zakaria
Born in January 1970 in Sikasso, Zakaria is married and a father of 8 children living in a large traditional extended family in Mancourani II, the central town of Sikasso (the third largest administrative region of the Republic of Mali). Zakaria is a radio and TV repair man, who decided in order to improve his business, to add the sale of second hand equipment to his repair business. He has a workshop in the 'grand marché' of Sikasso, and is much sought out by his ever growing customer base. With a view to better servicing this growing customer base, he decided several months ago to approach the microfinance institution Soro Yiriwaso. This is his first individual loan. Zakaria sells his appliances (TV, radio, mini HiFi systems, DVD etc) in his repair workshop to customers - mostly people who have brought in equipment for repair. With this first loan, he intends to purchase 10 DVD players, 5 29 inch TVs, 3 mini HiFi systems, and some CD players. This equipment comes from the Republic of Ghana. With this loan he expects to generate a monthly profit of 200,000 FCFA which will mostly be used to contribute to the family expenses, to pay the loan interest, and the rest will be invested in the business.
View original language description ↓
Né en Janvier 1970 à Sikasso Monsieur Zakaria est marié et père de 8 enfants résidant dans une grande famille traditionnelle élargie à Mancourani II, le centre ville de Sikasso ( troisième région administrative de la république du Mali).
Monsieur Zakaria est un dépanneur de radios et télé, qui pour améliorer son entreprise décida d’associer la vente des appareils d’occasion à son activité de dépannage. Il dispose d’un atelier au grand marché de Sikasso, il est beaucoup sollicité par sa clientèle qui ne cesse d’augmenter.
Dans le souci de mieux satisfaire sa clientèle de plus en plus croissante, il décide de rejoindre l’institution de microfinance Soro Yiriwaso il y a quelque mois. Il est à son premier prêt individuel.
Monsieur Zakaria vend ses appareils (TV, Radios, Mines Chaînes, DVD, etc) dans son atélier de réparation à ses clients composés généralement de ceux qui sollicitent ses services de réparations
Avec ce premier prêt, il compte acheter 10 DVD, 6 Radios, 5 TV écran 29, 3 Mines Chaînes et des CD. Ses appareils proviennent de la république de Ghana.
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
  • 142
    View loans »
    Mali Loans Fundraising
  • $11,272,850
    Funds lent in using Kiva
  • 515.3
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $975 helped Zakaria to purchase electronic equipment.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Jan 6, 2012
Listed
Jan 17, 2012
Currency Exchange Loss:
Possible
Ended:
Jun 15, 2012