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Karim
Karim was born in Soumako, in the Bougouni Cercle. He is 38 years old, married, and has five children. He lives with his wife and children in the Dougounina neighborhood of Bougouni.

He left school early on in order to pursue income-generating activities instead. He tried his hand at several things such as running a shop, but was never successful because of his lack of working capital. He finally ended up learning how to solder from a friend. With over ten years of experience, he has a thorough knowledge of this trade.

In order to obtain funds, he decided to become involved in the Soro Yiriwaso loan program. With the loan, he will buy ten iron bars for making doors and windows, and one box of soldering rods.

He gets his supplies in Bougouni. This is his first loan with Soro Yiriwaso. His workshop is located on the road which links Bougouni and Sikasso. His customers are typically people who live in the local area.

He expects to earn monthly profits of 70,000 FCFA, which will be used to improve his business.
View original language description ↓
Né à Soumako cercle de Bougouni, Monsieur Karim est un homme marié de 38 ans et père de 5 enfants. Il vit avec sa femme et ses enfants à Bougouni dans le quartier Dougounina.
Très vite il abandonna l’école au profit des activités génératrices de revenus. Il a tenté pendant des années différentes activités comme la vente de boutique sans succès en raison surtout de la faiblesse de son fonds de roulement.
Il finit par la suite à apprendre le métier de soudeur auprès de son ami.
Avec une expérience de plus de 10 ans, il maîtrise cette activité.
Pour obtenir un fonds il décide d’intégrer le programme crédit de Soro Yiriwaso pour acheter, 10 barres de fer pour la fabrication des portes et fenêtres et 1 cartons de baguette.
Il s’approvisionne Bougouni.
Il est à son premier prêt avec Soro Yiriwaso.
Son atelier est situé au bord la route reliant Bougouni à Sikasso.
Sa clientèle est composée de la population locale.
Il compte réaliser un bénéfice mensuel de 70 000FCFA qui sera utilisé pour améliorer son entreprise.

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

  • $1,100
    Average annual income
  • 35
    View loans »
    Mali Loans Fundraising
  • $11,450,100
    Funds lent in using Kiva
  • 509.9
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD