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Inza
Mr. Inza is 40 years old and the father of five children. He lives in a polygamist family in Kolondieba’s western district.

He did not attend school for socio-economic reasons. He started very early on to be involved in income generating activities with his uncle who had several businesses (broker, sale of various items). After several years of apprenticeship Inza chose the purchase and sale of gasoline and motor oil. He has been practicing this activity for four years and enjoys a wide experience and a large customer base.

With the objective of increasing his working capital and to make more profit, he is requesting a third loan, which will be used to buy 700 liters of gasoline. He gets his supply in Ivory Coast from authorized wholesalers and sells retail to a mixed clientele.

With this loan he is planning on making a monthly profit of 200,000 francs CFA. This profit will enable him to reimburse his loan and to conduct other income generating activities such as selling hardware items.
View original language description ↓
Monsieur INZA est âgé de 40 ans et père de 5 enfants. Il vit dans une famille polygame au quartier Ouest de la ville de Kolondièba.
N’ayant pas fréquenté l’école pour des raisons sociales, il commença très tôt à faire les activités génératrices de revenus auprès de son oncle qui menait plusieurs activités (courtier, vente d’articles divers, etc.). Après plusieurs années d’apprentissage, INZA, lui opta pour l’achat vente d’essence et huile pour moteur. Il mène cette activité depuis 4 ans et jouit d’une grande expérience et clientèle.
Dans le souci d’augmenter son fonds de commerce et de faire plus de bénéfice, il sollicite ce troisième prêt qui sera utilisé pour acheter, 700 litres d’essence. Il s’approvisionne en Côte d’Ivoire auprès des grossistes agrées et revend au comptant à une clientèle mixte. Avec ce prêt il envisage réaliser un bénéfice mensuel de 200.000FCFA.. Ce bénéfice lui permettra de rembourser son prêt et de mener d’autres activités génératrices de revenus tels les activités de vente d’articles de quincailleries.

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
  • 39
    View loans »
    Mali Loans Fundraising
  • $10,780,200
    Funds lent in using Kiva
  • 500.9
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Inza to purchase gasoline.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Mar 27, 2012
Listed
Apr 10, 2012
Currency Exchange Loss:
Possible
Ended:
Apr 17, 2013