Check out some available loans that are similar to this one!
Arouna
Born around 1976 in Fakola, Mr. Arouna lives with his four children and wife in a large traditional extended family with other relatives, in Fakola. Not having had the chance to go to school, Mr. Arouna soon became interested in revenue-generating businesses, especially the buying and selling of animals (steers, goats, sheep, etc.) He is highly valued and in demand in and around Fakola.

After having correctly repaid the four previous loans, Arouna is now on his fifth loan that will be used for buying 2 steers and 30 sheep from villages. He makes his sales in cash or on credit in the Republic of Cote d'Ivoire and at the neighboring fairs. The customer base is composed essentially of butchers and livestock farmers.

Arouna hopes to make a monthly profit of 125,000 francs CFA that will be used to meet family needs, repay the loan, and reinvest in the business. His ambition is to build a house in which to live.
View original language description ↓
Né vers 1976 à Fakola, Arouna vit avec ses 4 enfants et sa femme dans une grande famille traditionnelle élargie avec d’autres parents, à Fakola.
N’ayant pas eu la chance d’aller à l’école, Monsieur Arouna s’est vite intéressé aux activités génératrices de revenus notamment à l’achat vente des animaux (bœufs, chèvres, moutons etc.) Il est très apprécié et sollicité à Fakola et environs.
Après avoir correctement remboursé les quatre précédents prêts, Arouna est à son cinquième prêt qui sera utilisé pour acheter, 2 bœufs et 30 moutons dans les villages environnants. Il effectue ses ventes, au comptant et en détail, en république de Côte d’Ivoire et dans les foires voisines à une clientèle composée essentiellement de bouchers et d’éleveurs.
Arouna espère réaliser un bénéfice mensuel de 125.000FCFA qui sera utilisé pour subvenir aux besoins de la famille, rembourser le prêt et réinvestir dans les affaires.
Arouna ambitionne de construire une maison à usage d’habitation.

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
  • 36
    View loans »
    Mali Loans Fundraising
  • $10,710,275
    Funds lent in using Kiva
  • 501.0
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Arouna to buy livestock.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Mar 29, 2012
Listed
Apr 10, 2012
Currency Exchange Loss:
Possible
Ended:
Apr 17, 2013