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Lassina
Lassina is about 35 years old, married, and the father of three children. He lives with his family in Wayerma II, in the center of Sikasso (third administrative region of the Republic of Mali).

After being involved in several activities without much success, Lassina decided to learn about retail business more than three years ago. He now has a shop in front of his house, and he buys and sells various goods such as cigarettes, candy, matches, chewing gum, powder milk, tea, sugar, soap etc. The quality of his products makes him a very popular seller and the demand from his customers is high.

In order to satisfy the needs of an increasing number of customers, Lassina decided to join the microfinance institution Soro Yiriwaso about four years ago. He has received four loans which have all been properly repaid.

Lassina is now requesting a fifth loan for the purchase of 15 cartons of various brands of cigarettes, 10 bags of sugar, 15 boxes of tea, 10 packs of candy, 10 packs of chewing gum, 25 boxes of matches and 20 boxes of soap. He buys his goods from local wholesalers in town and retails them in his shop in Wayerma II.

With this loan, Lassina is expecting average monthly profits to reach 175,000 CFA francs which will be used to contribute to family expenses and pay off his loan's interest, while the rest will be reinvested in his business.
View original language description ↓
Monsieur Lassina a 35 ans environ, marié et père de trois enfants, il réside avec sa famille à Wayerma II, le centre ville de Sikasso ( troisième région administrative de la république du Mali).
Monsieur Lassina après avoir mené plusieurs activités sans succès, s’est initié depuis plus de trois ans aux activité de commerce général dont il dispose d’une boutique devant le domicile conjugal où il mène cette activité d’achat et vente des articles divers (Cigarette, bonbon, allumette, Chewing Gum, lait en poudre, Thé, sucre, savon, etc). Il est beaucoup sollicité de sa clientèle pour la qualité de ses produits.
Pour satisfaire sa clientèle de plus en plus croissante, il décida de rejoindre l’institution de microfinance Soro Yiriwaso il y a environ quatre ans. Il a bénéficié de 4 crédits qui ont été tous correctement remboursés.
Il sollicite ainsi ce cinquième crédit pour pouvoir acheter 15 cartouches de Cigarettes différentes, 10 sacs du sucre,15 carton du thé, 10 paquets de bonbon, 10 paquets de Chewing Gum, 25 paquets d’allumette et 20 cartons de savon. Ses marchandises sont achetées auprès de commerçants grossistes de la ville avant de les revendre en détail dans sa boutique située à Wayerma II.
Il envisage réaliser avec ce prêt un bénéfice mensuel de 175 000 FCFA qui sera utilisé pour contribuer aux dépenses familiales, payer les intérêts de son prêt 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
  • 23
    View loans »
    Mali Loans Fundraising
  • $11,383,950
    Funds lent in using Kiva
  • 497.1
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD