Check out some available loans that are similar to this one!
Adama
Born around 1976 in Sikasso, Mr. Adama is married and lives with his wife and their three children in Banconi, one of the peripheral areas in the city of Sikasso (third administrative region of the Republic of Mali).
Mr. Adama, after having tried several activities without success, began in the field of small business, specifically in the sale of poultry, eight years ago. He has a stall at the poultry market. He is highly sought-after by his clientele because of the quality of his poultry, which are of good quality and well-examined by qualified veterinarians.
To satisfy his increasing clientele, he decided to join the microfinance institution Soro Yiriwaso about two years ago. He has benefited from three loans with the institution, all of which were repaid properly.
He is seeking this fourth loan, which will allow him to buy poultry in the towns surrounding the city of Sikasso. Specifically, he will buy 45 chickens, 20 guinea fowl, 12 pairs of turkeys, 5 pairs of ducks, and 5 pairs of geese.
With this fourth loan, he foresees realizing an average monthly profit of 100,000 FCFA, which will be used to expand his business, to contribute to paying for the household expenses, and to pay the interest on his loan.
Né vers 1976 à Sikasso, Monsieur Adama est marié et réside avec son épouse et leurs trois enfanfs à Banconi, un des quartiers péripheriques de la ville de Sikasso ( troisième région administrative de la république du Mali).
Monsieur Adama, après avoir mené plusieurs activités sans succès, s’est initié au domaine du petit commerce notamment à la vente des volailles il y a huit ans. Il dispose d’une une place au niveau de marché à volailles. Il est beaucoup sollicité de sa clientèle pour la qualité de ses volailles qui sont de bonnes qualités et bien suivies par des vétérinaires qualifiés.
Pour satisfaire sa clientèle de plus en plus croissante, il décida de rejoindre l’institution de microfinance Soro Yiriwaso il y a environ deux année avec laquelle il a bénéficié de trois crédits qui ont été tous correctement remboursés.
Il sollicite ce quatrième crédit qui lui permettra d’acheter dans les villages environnants de la ville de Sikasso de la vollaile : 45 poulets, 20 pintades, 12 paires de dindons, 5 paires de canards et 5 paires d’oie.
Il envisage réaliser avec ce quatrième crédit, un bénéfice mensuel moyen de 100.000 FCFA qui sera utilisé pour augmenter son fonds de commerce, contribuer aux dépenses familiales et payer les intérêts de son prêt.

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
  • $10,386,300
    Funds lent in using Kiva
  • 523.2
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Adama to buy and raise poultry.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 1, 2012
Listed
Oct 1, 2012
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2013