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Mamadou
Mamadou, who was born in November 1990 in Sikasso, is single and lives in a large traditional family in the prefecture of Sikasso. He began his jewelry business around four years ago and carries it out in a workshop in Sikasso with a customer base made up of people from all social backgrounds. He is in great demand from his customers as a result of the quality of his services.

With a view to responding to ever increasing customer demand, he decided to join the microfinance institution, Soro Yiriwaso, several months ago. In order to boost his business he is requesting his first loan which will allow him to buy raw materials: 500 grams of gold, as well as 10 pieces of silver and zinc, so that he can make jewelry and bracelets.

With this loan he expects to make a monthly profit of 90,000FCFA, which will be used essentially to contribute to his family expenses and to pay the interest on his loan.
View original language description ↓
Né en Novembre 1990 à Sikasso, Monsieur Mamadou est un célibataire qui réside dans une grande famille traditionnelle dans la préfecture de Sikasso.
Mamadou s’est initié à cette activité de bijouterie il y a environ quatre ans. Son activité est menée dans un atelier à Sikasso avec une clientèle composée de toutes les couches sociales. Il est beaucoup sollicitée de sa clientèle pour la qualité de ses prestations.
Dans le souci de mieux satisfaire sa clientèle de plus en plus croissante, Il décide d’intégrer l’institution de microfinance Soro Yiriwaso il y a environ quelque mois..
Dans le but de mieux relancer cette activité, il sollicite ainsi son premier crédit qui lui permettra d’acheter les matières premières, 500 grammes d’or; 10 pièces d’ argent et de zinc, pour les transformer en bijoux et bracelets.
Il envisage réaliser avec ce prêt un bénéfice mensuel de 90 000 FCFA qui sera utilisé essentiellement contribuer aux dépenses familiales et payer les intérêts de son prêt.

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
  • $11,410,125
    Funds lent in using Kiva
  • 503.8
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD