Check out some available loans that are similar to this one!
Yaya
Yaya is 26 years old and married. He has no children. He lives with his wife in the Massablacoura neighborhood of Bougouni.

He did not attend modern school, but rather began pursuing income-generating activities from a very young age. For years, he worked repairing motorcycles. Wanting to diversify his business, he decided that in addition to repairing motorcycles, he would buy and sell spare parts as well. With two years of experience, he has a thorough knowledge of the business of selling spare parts.

In order to satisfy his ever-growing customer base, he decided to become involved in Soro Yiriwaso's loan program. After having properly paid back his first loan, he is now asking for a second loan which he will use to buy 20 tires, 15 batteries, 3 sets of keys, 30 inner tubes, and 1 box of pistons. He will buy all of these supplies in Bamako. He sells his products to a wide array of customers.

With this loan, Yaya expects to earn monthly profits of 61,500 FCFA. With the profits, he plans to grow his business.
View original language description ↓
Monsieur Yaya est un homme marié de 26 ans et sans enfant. Il vit avec sa femme dans le quartier Massablacoura de Bougouni.
N’ayant pas fréquenté l’école moderne, très jeune il commença les activités génératrices de revenus notamment la réparation des motos pendant des années.
Dans le souci de diversifier ses activités il décide d’ajouter à cette réparation de motos, l’achat vente de pièces détachées. Avec une expérience de 2 années, il maîtrise cette activité de vente de pièces détachées.
Afin de satisfaire sa clientèle qui ne cesse d’augmenter, il décide de collaborer avec le programme de crédit de Soro Yiriwaso.
Après avoir correctement remboursé son premier prêt il est à son deuxième qui sera utilisé pour acheter, 20 pneus, 15 batteries, 3 trousseaux de clé, 30 chambres à air, 1 carton de piston, à Bamako. Il effectue ses ventes à une clientèle diverse et variées.
Avec ce prêt, Monsieur Yaya compte réaliser un bénéfice mensuel de 61 500 FCFA.
Il envisage avec ce bénéfice agrandir 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

  • $1,200
    Average annual income
  • 28
    View loans »
    Mali Loans Fundraising
  • $10,282,350
    Funds lent in using Kiva
  • 509.9
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Yaya to buy spare parts.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Jan 10, 2012
Listed
Jan 19, 2012
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2013