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Amara
Born around 1978 in Zanso, Amara is a married man and the father of 2 children. He lives with his family in the town of Loulouni, a sub-prefecture of the town of Sikasso, 3rd administrative region of Mali.

Amara has been buying and selling petrol for over 6 years. He enjoys a strong reputation in this area of business and receives many orders, but his resources are not sufficient to enable him to fulfil them all. Therefore, he has decided to work with Soro Yiriwaso and is on his first loan. He plans to use the loan to buy 2 drums of petrol for resale to a mixed retail clientele, for cash.

Amara expects to make a monthly profit of around 100 000 francs which will be used to make the interest payments on his loan, the rest being reinvested in his business. He plans to become a wholesaler and to open a petrol station so that he is better able to serve his customers.
Né vers 1978 à ZANSO , Amara est un homme marié et père de deux enfants, il vit avec sa famille à Loulouni ville, une des sous préfecture de la 3eme Administrative (Sikasso) du MALI.
Amara mène les activité d’achat et de vente d’essences, il y a environ plus de six années. Il jouit d’une forte réputation dans cette activité et reçoit beaucoup de commande, mais ses ressources ne peuvent pas lui permettre de les satisfaire. C’est ainsi, qu’il décide de collaborer avec Soro Yiriwaso. Il est à son premier prêt.
Il compte acheter avec son prêt deux futs d’essence. Cela pour les revendre en détail et au comptant à une clientèle mixte.
Il envisage réaliser un bénéfice mensuel de 100 000 FCFA environ qui sera utiliser pour payer les intérêts de son prêt et investir le reste dans son activité.
Il compte devenir grossiste tout en ouvrant une station service pour mieux servir sa clientèle.

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
  • 31
    View loans »
    Mali Loans Fundraising
  • $10,710,275
    Funds lent in using Kiva
  • 524.0
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $300 helped Amara to buy petrol.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 7, 2012
Listed
Aug 1, 2012
Currency Exchange Loss:
Possible
Ended:
Nov 15, 2012