Check out some available loans that are similar to this one!
Yamoussa
Yamoussa is around 35 years old, married and father to one child. He is polygamous and lives in a large family with his wives and parents in the town of Koutiala (in the Sikasso region).

Yamoussa went to school but was not able to continue his studies. For this reason he went into the sewing field and learnt his trade with the boss of a workshop when he left school 15 years ago. He has a good repuration as he is in great demand from his customers.

In order to increase his working capital and business volume and to satisfy customer demand, Yamoussa decided to join the microfinance institution, Soro Yiriwaso, to obtain a loan. He is on his first individual loan and is planning to use it to buy equipment: glazer, buttons, thread, needles, sewing paper. He gets his supplies in Burkina Faso and Bamako, and carries out his business in the town of Koutiala for a customer base of women and men, for cash; often he sends his sewn fabrics to his brother in France for sale there. He is expecting to make a monthly profit of 150,000FCFA, which he will use to repay his loans and satisfy his family's needs; the balance will be invested in his business.
View original language description ↓
Yamoussa a environs 35 ans, mariée père d’ un enfant, il est polygame et vit dans une grande famille avec ses épouses et ses parents dans la ville de Koutiala (Région de Sikasso).
Yamoussa a fréquenté l’école, mais il n’a pas pu continuer les études, ce qui justifie son intégration dans le monde de la couture qu’il a apprit auprès d’un chef d’atelier depuis son abandon à l’école il y a 15 ans. Sa notoriété est bonne, car il est très bien sollicité par ses clients.
Pour augmenter son fonds de roulement, la taille de son activité et satisfaire sa clientèle, Yamoussa a décidé de rejoindre l’institution de microfinance Soro Yiriwaso pour contracter un prêt . Il est à son premier prêt individuel et compte l’utiliser pour acheter de fournitures : glaceur, bouton, fil, aiguille, papiers de couture. Il s’approvisionne au Burkina Faso, à Bamako et effectue son activité dans la ville de Koutiala à une clientèle de femmes et d’ hommes au comptant et souvent il envoie ses tissus cousus à son frère en France pour la vente. Il envisage réaliser un bénéfice mensuel de 150.000FCFA qu’il utilisera pour le remboursement de son échéance, satisfaire aux besoins de sa famille 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
  • 24
    View loans »
    Mali Loans Fundraising
  • $11,381,625
    Funds lent in using Kiva
  • 503.5
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD