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Moussa
Mr. Moussa is a 39-year-old married man and the father of one child. He lives with his wife and child in the Torakabougou district in Bougouni. He dropped out of school at an early age. For some years, he attempted different businesses but without success. A friend finally interested him in the buying and selling of farm inputs, equipment, and pesticides. With over ten years of experience, he has a mastery of his business for which he is much in demand and appreciated in and around Bougouni.

To satisfy his continuously growing and demanding customer base, Mr. Moussa decided to collaborate with the microfinance institution Soro Yiriwaso. After two loans, both correctly paid back, he is now on his third loan, which will be used to purchase 10 crusher/grinders and 15 containers of insecticides. He gets his supplies from Bamako, Sikasso, and Ouelessebougou from wholesale merchants. His store is located on the road linking Bougouni and Sikasso. His customers are composed of local people and especially peasant farmers.

He plans on making a monthly profit of 65,000 francs CFA that will be used to improve his enterprise and to cover family expenses.
View original language description ↓
Monsieur Moussa est homme marié de 39 ans et père de 1 enfant. Il vit avec sa femme et son enfant dans le quartier Torakabougou de Bougouni.
Monsieur Moussa a abandonné l’école dès son jeune âge. Il a tenté pendant des années différentes activités mais sans succès. Il finit par s’intéresser auprès d’un de ses ami, aux activités d’achat et de vente des intrants, des équipements agricoles et des produits phytosanitaires.
Avec une expérience de plus de 10 ans, il maîtrise son activité dans laquelle il est sollicité et apprécié à Bougouni et environs.
Afin de satisfaire sa clientèle de plus en nombreuses et exigeantes, il décida de collaborer avec Soro Yiriwaso. Après deux prêts tous correctement remboursés, il est à son troisième prêt qui sera utiliser pour acheter, 10 appareils de pulvérisation et 15 bidons d’insecticides. Il s’approvisionne à Bamako, Sikasso et Ouelessebougou auprès des grossistes. Son magasin est situé au bord la route reliant Bougouni à Sikasso. Sa clientèle est composée de la population locale et surtout de paysans.
Il compte réaliser un bénéfice mensuel de 65.000 FCFA qui sera utilisé pour améliorer son entreprise et subvenir aux dépenses de la famille.

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
  • 30
    View loans »
    Mali Loans Fundraising
  • $10,686,675
    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 farm equipment and insecticides.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Aug 30, 2012
Listed
Oct 1, 2012
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2013