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Moussa
Born around 1983 in Sikasso, Mr. Moussa is unmarried and resides in a large traditional family in Mancourani II, one of the working-class districts in Sikasso City. Moussa became familiar with this work of buying and selling fresh fish from Dakar about three years ago. His business operates in a shop on Route RN7 and has a customer base composed of people from all walks of life. He is much in demand by his customers for the quality of his fresh fish.

Concerned about further satisfying his burgeoning customer base, he decided to join the microfinance institution Soro Yiriwaso a few months ago. With the goal of enhancing this business, he is therefore requesting this second loan, which will enable him to purchase 50 boxes of fresh fish, especially in this period of Ramadan, and then to sell the fish retail and in bulk to Sikasso merchants.

With this loan, he envisions making a monthly profit of 150,000 francs CFA that will be used to help cover family expenses and to pay the loan interest. The rest is for reinvesting in his business.
View original language description ↓
Né vers 1983 à Sikasso, Monsieur Moussa est un célibataire qui réside dans une grande famille traditionnelle à Mancourani II, un des quartiers populaires de la ville de Sikasso.
Moussa s’est initié à cette activité d’achat et de vente des poissons frais en provenance de Dakar il y a environ trois ans. Son activité est menée dans une boutique sur la route RN7 avec une clientèle composée de toutes les couches sociales. Il est beaucoup sollicitée de sa clientèle pour la qualité de ses poissons frais. Dans le souci de mieux satisfaire sa clientèle de plus en plus croissante, Il décida d’intégrer l’institution de microfinance Soro Yiriwaso il y a environ quelque mois..
Dans le but de mieux rélancer cette activité, il sollicite ainsi ce deuxième crédit qui lui permettra d’acheter 50 cartons de poissons frais et surtout en cette période de Ramadan avant de les revendre en détail et en gros aux commerçantes de Sikasso.
Il envisage réaliser avec ce prêt un bénéfice mensuel de 150 000 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

  • $1,200
    Average annual income
  • 15
    View loans »
    Mali Loans Fundraising
  • $10,188,875
    Funds lent in using Kiva
  • 523.2
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $875 helped Moussa to purchase fresh fish to sell.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Aug 1, 2012
Listed
Oct 1, 2012
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2013