Check out some available loans that are similar to this one!
Souley
Monsieur Souley is a married man and the father of five children. He lives with his wife and children in a monogamous family in the Torakabougou neighborhood of Bougouni.

After Koranic school, he was unemployed for a long time, so after careful consideration, he decided to learn how to buy and sell cows from his uncle.

He had a small business with a friend, and then decided to start his own business doing the same work as his uncle i.e. buying and selling cows.

He now has 15 years experience, and has mastered his business where he is sought after and appreciated. He has repaid his five previous loans, and will use this sixth loan to buy 10 cows. He buys his cows in and around Bougouni, and sells his cows at the livestock market in Bougouni. His clients are mainly butchers and shopkeepers form Bamako.

With this loan, he would like to earn an monthly profit of 145.000 FCFA that he'll use to pay for his family expenses and repay his loan.
View original language description ↓
Monsieur Souley est un homme marié de 39 ans et père de 5 enfants. Il vit avec sa femme et ses enfants dans une famille monogame à Bougouni dans le quartier Torakabougou.
Après l’école coranique, il est resté longtemps sans emploi. C’est ainsi qu’après mure réflexion, il décide d’apprendre auprès de son oncle les activités d’achat et de vente de boeufs. Après avoir eu un petit fonds de commerce à travers un ami, il décide de s’installer à son propre compte dans la même activité que son oncle.à savoir l’achat vente de boeufs.
Avec une expériences de plus de 15 ans, il maîtrise son activité dans laquelle il est très sollicité et apprécié.
Après avoir correctement remboursé les cinq précédents prêt il est à son sixième prêt qui sera utilisé pour acheter 10 boeufs. Il s’approvisionne à Bougouni et environs. La vente se fait au marché à bétail de Bougouni. Ses clients sont composés surtout des bouchers et des commerçants en provenance de Bamako.
Avec ce prêt, il compte réaliser un bénéfice mensuel de 145.000 FCFA qui servira en subvenir aux dépenses de la famille et rembourser le 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

  • $1,100
    Average annual income
  • 25
    View loans »
    Mali Loans Fundraising
  • $11,381,625
    Funds lent in using Kiva
  • 510.7
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD