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Lassina
Born around 1986 in Kadiana, Lassina lives with his 5 children and their mother in a traditional family environment, in Fakola. Not having had the opportunity to pursue his studies, Lassina quickly became interested in revenue-generating activities, most notably fixing bicycles and motorbikes, and selling bike spare parts. He is held in high regard and much sought-out in Fakola and the surrounding area.

With 3 years experience in his job and searching for additional financial resources, Lassina decided to work with Soro Yiriwaso, and is on his first loan with the institution. He plans to use the money to buy 2 large boxes of assorted spare parts for motorbikes from the wholesalers in Bamako. He makes his sales, for cash or credit, at the market in Fakola to a customer base composed of men and women. Lassina hopes to make a monthly profit of 200 000 francs, with which he will take care of his family's needs, repay the loan, and reinvest in his business.
Né vers 1986 à Kadiana, Lassina vit avec ses 5 enfants et leur mère dans une famille traditionnelle, à Fakola.
N’ayant pas eu la chance de progresser dans les études, Monsieur Lassina s’est vite intéressé aux activités génératrices de revenus notamment la réparation de bicyclettes et motos et l’achat vente des pièces détachées de rechanges pour vélo et motos. Il est très apprécié et sollicité à Fakola et environs.
Nanti de 3 années d’expériences dans le domaine, Lassina dans ses recherches de ressources financières complémentaires, décide de collaborer avec Soro Yiriwaso avec qui il est à son premier prêt.
Lassina compte utiliser son prêt pour acheter, 2 grosses caisses de différentes sortes de pièces détachées pour motos auprès des grossistes de Bamako. Il effectue ses ventes, au comptant en détail et à crédit au marché de Fakola à une clientèle composée d’hommes et de femmes.
Lassina espère réaliser un bénéfice mensuel de 200.000FCFA qui sera utilisé pour subvenir aux besoins de la famille, rembourser le prêt et réinvestir dans les affaires.

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
  • 26
    View loans »
    Mali Loans Fundraising
  • $9,945,750
    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 Lassina to buy spare parts.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Mar 29, 2012
Listed
Apr 12, 2012
Currency Exchange Loss:
Possible
Ended:
Apr 17, 2013