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Issa
Born in 1970 in the Nimporodioula district of Sikasso, Issa is polygamous with 4 wives and 6 children. He lives with his four wives and their children in Medine, one of the more popular neighborhoods of the city of Sikasso. After having tried several other businesses, such as agriculture, without success, Issa quickly immersed himself in the business of stocking and reselling bulk quantities of sugar, shea nuts, and cereals, has been doing so for the last 10 years.

Issa has a solid reputation and receives many orders from outside the region, but he lacks the necessary resources to be able to meet all these requests. As a result, he began working with Soro Yiriwaso around four years ago and has already received four loans, all of which were fully repaid.

In order to better meet his growing customers' needs, Issa is requesting his fifth loan which will allow him to purchase 20 bags of sugar, 4 loads of corn, 15 bags of millet and 15 bags of shea nuts. He stocks up in the surrounding regions of Sikasso to be able to stock his store, and to eventually send the supplies to Abidjan and Bobo Dioulasso (located in Côte d’Ivoire and Burkina Faso, respectively) upon orders from sugar and shea butter factories. The cereals are sold on site at both wholesale and retail.

With this loan, Issa plans on earning a monthly profit of 275,000 francs CFA. With the profit earned, he hopes to take care of his essential expenses, those of his family, paying off the interest on his loan, and investing the rest in his business.
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Né vers 1970 à Nimporodioula préfecture de Sikasso, Monsieur Issa est polygame avec 4 épouses et père de six enfants. Il réside avec ses quatre femmes et leurs enfants à Médine, un des quartiers populaires de la ville de Sikasso.
Après avoir mené plusieurs activités sans succès notamment l’agriculture, il s’est vite initié aux activités de stockage et commercialisation du poids sucré, noix de karité et de céréales depuis plus de 10 ans.
Issa jouit d’une forte réputation et reçoit beaucoup de commandes de l’extérieur, mais les ressources nécessaires pour satisfaire ses besoins font défaut. Alors, il intégra Soro Yiriwaso il y a environ quatre années et a déjà bénéficié de quatre prêts qui ont été tous correctement remboursés. Dans le souci de mieux satisfaire sa clientèle de plus en plus croissante, il sollicite ainsi ce cinquième prêt qui lui permettra d’acheter 20 sacs de poids sucré, 4 tonnes de maïs, 15 sacs de mil et 15 sacs de noix de karité.
Il s’approvisionne dans les localités environnantes de Sikasso pour ensuite les stocker dans son magasin, afin de les ramène à Abidjan et à Bobo Dioulasso (respectivement les république de Côte d’Ivoire et Burkina Faso) sur commande des usines de fabrique de jus de poids sucré et de beure de karité. Pour les céréales, elles sont vendues sur place à la fois en gros et en détail.
Avec ce prêt, il envisage réaliser un bénéfice mensuel de 275 000 FCFA. Avec le bénéfice réalisé, il compte résoudre l’essentielle de ses dépenses, celles de sa famille, 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

  • $1,100
    Average annual income
  • 23
    View loans »
    Mali Loans Fundraising
  • $11,383,950
    Funds lent in using Kiva
  • 506.1
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD