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Moussa
Born around 1958 in Bougoula, Moussa continues to live there with his wife and eight children in a large traditional family. Never having had the opportunity to attend school for social reasons, Moussa was interested early on in income-generating activities. Namely, the purchase and resale of grains, including millet, rice, corn, fonio (a staple crop in West Africa), and peanuts, among others. Moussa is very valued and sought-after merchant in Bougoula and the surrounding areas.

After working for twelve years as a grain merchant, Moussa went in search of additional financial resources. He eventually decided to collaborate with Soro Yiriwaso, with whom he is on his second loan. His previous loan has been fully repaid.

Moussa intends to use his loan to purchase five tons of corn and one ton of fonio from farmers in the surrounding villages. He makes his sales in cash, and occasionally on credit. He conducts his business in the Republic of Côte d'Ivoire and at the agricultural fair in Fakola. He sells his goods to a diverse and varied clientele. Moussa hopes to earn a monthly income of 80,000 francs CFA. He will use this income to support his family, repay his loan, and reinvest in his business.
View original language description ↓
Né vers 1958 à Bougoula, Moussa vit avec ses 8 enfants et sa femme dans une famille traditionnelle à Bougoula.
N’ayant pas eu la chance d’aller à l’école pour des raisons sociales, Monsieur Moussa s’est vite intéressé aux activités génératrices de revenus notamment à l’achat vente des céréales mil, riz, maïs, fonio, arachide, etc. Il est très apprécié et sollicité à Bougoula et environs.
Nanti de 12 années d’expériences dans le domaine, Moussa dans ses recherches de ressources financières complémentaires, décida de collaborer avec Soro Yiriwaso avec qui il est à son deuxième prêt, après avoir correctement remboursé le précédent.
Moussa compte utiliser son prêt pour acheter, 5 tonnes de maïs et 1 tonne de fonio auprès des paysans producteurs des villages. Il effectue ses ventes au comptant en détail et quelques fois à crédit, en république de Côte d’Ivoire et dans la foire de Fakola à une clientèle diverse et variée.
Moussa espère réaliser un bénéfice mensuel de 80.000FCFA qui sera utilisé pour subvenir aux besoins de la famille, rembourser le prêt et réinvestir dans les affaires.

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
  • 10
    View loans »
    Mali Loans Fundraising
  • $10,177,025
    Funds lent in using Kiva
  • 510.0
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $800 helped Moussa to purchase grain for resale.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Aug 15, 2012
Listed
Oct 1, 2012
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2013