Check out some available loans that are similar to this one!
Diakalia
Diakalia was born in 1986 in Zanièna, in the Sikasso Cercle. He is single and lives in a large traditional family in Kaboïla I, one of the working-class neighborhoods of the city of Sikasso. He grew up in a business environment, since his father is a well-known local business owner. Diakalia very quickly learned to buy and sell motorcycles (two-wheeled vehicles of various brands). He owns a shop at the Grand Marché in Sikasso and his customers come from all socioeconomic backgrounds. He is a very popular seller, thanks to the quality of his products. In order to satisfy an ever-increasing number of customers, he decided to join the microfinance institution Soro Yiriwaso and has requested his first individual loan. With this first loan he is planning to buy two different models of motorcycles. He will buy these two vehicles in Bamako and will resell them in his shop. Thanks to this loan he is expecting monthly profits to reach 200,000 CFA francs which will be essentially used to contribute to his family expenses and pay off his loan's interest, while the rest will be invested in his business.
View original language description ↓
Né en 1986 à Zanièna préfecture de Sikasso, Monsieur Diakalia est un célibataire résidant dans une grande famille traditionnelle à Kaboïla I, un des quartiers populaires de la ville de Sikasso.
Diakalia a grandi dans le commerce car son père est un grand commerçant de la place. Il s’est très vite initié à cette activité d’achat et vente des motocyclettes (engin à deux roues de toutes marques). Son activité est menée dans sa propre boutique au grand marché de 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 décide d’intégrer l’institution de microfinance Soro Yiriwaso avec qui il est à son premier prêt individuel.
Avec ce premier prêt il compte acheter, à Bamako, 2 mobylettes de qualités différentes, afin de les revendre dans son magasin.
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
  • 10
    View loans »
    Mali Loans Fundraising
  • $10,386,300
    Funds lent in using Kiva
  • 503.8
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $800 helped Diakalia to buy motorcycles.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 19, 2012
Listed
Jan 26, 2012
Currency Exchange Loss:
Possible
Ended:
Oct 15, 2012