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Ismaël
Ismaël was born in August 1984 in Sikasso. He is single and lives in a large traditional family in Médine, one of the working-class neighborhoods of the city of Sikasso (third administrative district of the Republic of Mali). Ismaël did not get the chance to progress in his studies, and about seven years ago, he learned how to get involved in the business of buying and selling flower pots and kitchen utensils. He sells these items in a shop located in the new market of Médine, in Sikasso. His customers come from all socioeconomic groups. He is a very popular seller, thanks to the quality of his products. In order to better satisfy an ever-increasing number of customers, he decided to join the microfinance institution Soro Yiriwaso about a year ago. He was granted a loan which was properly repaid. In order to further enhance his business, he is requesting a second loan which will allow him to buy 20 boxes of flower pots (of various brands), 3 boxes of aluminum cups, 5 boxes of plates, 2 dozen spoons and 2 dozen forks. He will buy these items in Bamako. He is expecting monthly profits to reach 200,000 CFA francs, part of which will be used to contribute to his family's expenses, pay off his loan's interests, while the rest will be invested in his business.
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Né en Août 1984 à Sikasso, Monsieur Ismaël est un célibataire qui réside dans une grande famille traditionnelle à Médine, un des quartiers populaires de la ville de Sikasso ( troisième région administrative de la république du Mali).
Ismaël ayant pas eu la chance de progresser dans les études s’est initié à cette activité d’achat et vente des pots de fleurs et ustensiles de cuisines, il y a environ sept ans. Son activité est menée dans une boutique au nouveaux marché de Médine Sikasso avec une clientèle composée de toutes les couches sociales. 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 d’un crédit qui a été correctement remboursé.
Dans le but de mieux relancer toujours ses activités, il sollicite ainsi un deuxième crédit qui lui permettra d’acheter à Bamako 20 cartons de pots de fleurs de marques différentes, 3 cartons de tasses Aluminium, 5 cartons d’assiettes, 2 douzaines de cuillères et 2 douzaines de fourchettes.
Il envisage réaliser avec ce prêt un bénéfice mensuel de 200 000 FCFA qui sera utilisé 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

  • $1,100
    Average annual income
  • 28
    View loans »
    Mali Loans Fundraising
  • $11,391,925
    Funds lent in using Kiva
  • 503.8
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD