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Drissa, age 27, is unmarried and lives in a traditional family in Sikasso (Third Administrative Region of the Republic of Mali). After trying several businesses without success, he started selling various products (cooking oil, salt, spaghetti, soaps, etc.).

He has a spot at the new market, and his clientele is mainly made up of housekeepers. He is very much in demand from customers, thanks to the quality of his products.

About three years ago, he decided to join Kiva's partner, the MFI Soro Yiriwaso, in order to meet an ever-increasing customer demand. He's seeking his fourth personal loan. Previous loans were repaid without problems.

With this fourth loan, he intends to buy seven bags of salt, six cans of cooking oil, five boxes of "Maggi" bouillon cubes, five boxes of spaghetti, four boxes of soaps, two boxes of sardines, and four boxes of tomato concentrate.

He gets his supplies from wholesalers in the city, and sells retail, for cash and on credit. Thanks to this loan, he intends to turn an average monthly profit of XOF 220'000 (ca US$ 440), to be used mainly to help cover the family's expenses and pay the interests of the loan. He will reinvest the remainder in his business.
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Monsieur Drissa est un jeune célibataire de 27 ans, qui vit dans une famille traditionnelle à Sikasso ( troisième région administrative de la république du Mali).
Monsieur Drissa après avoir mené plusieurs activités sans succès, s’est initié il y a plus de trois ans au domaine du commerce notamment la vente d’articles divers (huile alimentaire, sel, spaghetti, savon etc.) dont il dispose une place au sein du nouveau marché avec une clientèle composée essentiellement des femmes de ménage. Il est beaucoup sollicité de sa clientèle pour la qualité de ses produits. Pour satisfaire sa clientèle de plus en plus croissante, il décida de rejoindre l’institution de microfinance Soro Yiriwaso il y a environ trois ans, il est à son quatrième prêt individuel. Les prêts précédents ont été correctement remboursés.
Ainsi, avec ce quatrième prêt, il compte acheter, 7 sacs de sel, 6 futs d’huile alimentaire, 5 cartons de maggie, 5 cartons de spaghetti, 4 cartons de savons, 2 carton de sardine et 4 cartons de concentrée tomate. Il s'approvisionne auprès de commerçants grossistes de place avant de les revendre en détail, au comptant et à crédit.
Il envisage réaliser avec ce prêt un bénéfice mensuel de 220 000 FCFA qui sera utilisé essentiellement pour augmenter 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
  • 20
    View loans »
    Mali Loans Fundraising
  • $11,391,850
    Funds lent in using Kiva
  • 500.9
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $800 helped Drissa to buy salt, cooking oil, bouillon cubes, spaghetti, soaps, sardines, and tomato concentrate.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Jan 25, 2012
Feb 8, 2012
Currency Exchange Loss:
Dec 15, 2012