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Mahamadou  Alassane
Born around 1973 in Bamako, Mr. Mahamadou has five children and lives in a polygamous family with his spouse[s] in Koutiala. Not having had the chance to advance in school due to societal reasons, he soon became interested in revenue-generating businesses, especially the buying and selling of various replacement parts: new, used, inflatable, etc.

Privileged with nineteens years of experience in this domain, Mahamadou is much appreciated and in high demand in and around Koutiala by diverse socio-professional strata.

Concerned about meeting the needs of his burgeoning customer base, he decided to collaborate with the microfinance institution Soro Yiriwaso. He is on his first loan, which will be used for buying 60 tires from wholesalers, locally in Koutiala. Accepting cash, he sells retail in a store to a mixed customer base.

Mahamadou envisions making a monthly profit of 150,000 francs CFA that will be used for repaying the loan and covering family expenses.
View original language description ↓
Né vers 1973 à Bamako , Mahamadou a 5 enfants et vit dans une famille polygame avec se conjointe à Koutiala.
N’ayant pas eu la chance d’avancer à l’école pour des raisons sociales, très vite il s’intéressa aux activités génératrices de revenus, notamment à l’achat vente de divers pièces détachées : neuves, d’occasions, pneumatique etc.
Nanti de 19 années d’expériences dans le domaine, Mahamadou est très apprécié et sollicité à Koutiala et environs par diverses couches socioprofessionnelles.
Dans le souci de satisfaire le besoin de sa clientèle de plus en plus nombreuses, il décide de collaborer avec l’institution de microfinance Soro Yiriwaso. Il est à son premier prêt qui sera utilisé pour acheter, 60 pneus sur place à Koutiala auprès des grossistes. Il effectue ses ventes en détail au comptant et à crédit, dans sa boutique, à une clientèle mixte.
Mahamadou envisage réaliser un bénéfice mensuel de 150.000 FCFA qui sera utilisé pour rembourser le prêt et subvenir aux dépenses de la famille.

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
  • 40
    View loans »
    Mali Loans Fundraising
  • $11,450,100
    Funds lent in using Kiva
  • 501.2
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD