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Zoubairou
Born on November 1974 in Sikasso, Mr. Zoubairou is a married father of three children. He resides with his family in a large traditional extended family in Wayerma I, a working-class district of Sikasso City. Mr. Zoubairou has been in the business of selling fertilizer, seeds, pesticides, and insecticides since he was very young. This business has been the family's only trade since his father's time, so he has a detailed knowledge of the sector.

But he is short on funds for satisfying his ever-growing customer base. He has therefore decided to join the micro-finance institution Soro Yiriwaso and is now on his first loan, which will enable him to buy 3 boxes of PV seeds, 5 boxes of tropical seeds, 50 sacks of fertilizer, and 13 containers of pesticides et insecticides.

He gets his supplies from Ghana and from Cote d'Ivoire and then sells them wholesale and retail in his shop. His customers are composed generally of farmers, gardeners, etc. Some of his customers pay in cash, others on credit.

With this loan, Mr. Zoubairou envisions making a monthly profit of 200,000 francs CFA that will be used essentially to help with family expenses, to pay the loan interest, and to invest the rest in his business.
View original language description ↓
Né en Novembre 1974 à Sikasso, Monsieur Zoubairou est marié et père des trois enfants. Il réside avec sa famille dans une grande famille traditionnelle élargie à Wayerma I, un des quartiers populaires de la ville de Sikasso.
Monsieur Zoubairou est dans ce domaine du commerce d’engrais et semences, pesticides et insecticides depuis sa tendre enfance. Cette activité est le seul métier de la famille depuis au temps de son père, donc il connaît le domaine en détail mais les moyens lui font défaut pour pouvoir satisfaire ainsi sa clientèle qui ne cesse d’augmenter.
Il décide alors de rejoindre l’institution de microfinance Soro Yiriwaso avec qui il est à son premier crédit qui lui permettra d’acheter 3 cartons de semences PV, 5 cartons de semences tropical, 50 sacs d’engrais 13 boîte pesticides et insecticides. Il s’approvisionne au Ghana et en Côte d’Ivoire avant de les revendre en gros et en détail dans sa boutique à une clientèle composée généralement d’agriculteurs, de jardiniers, etc. Certains de ses clients payent au comptant, d’autre à crédit.
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
  • 6
    View loans »
    Mali Loans Fundraising
  • $10,173,725
    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 Zoubairou to buy various farming supplies.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 10, 2012
Listed
Jan 17, 2012
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2012