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Kalidou
Born around 1983 in Sikasso, Kalidou is single and lives with his father. They both live with their large traditional family in Medina, one of the popular districts in the city of Sikasso.

For over two years, Kalidou has been running his business buying and selling mobile phones and their accessories (face plates, batteries, chargers, earphones, etc.). He conducts his business in his own shop located on the side of a very busy road, and his clientele is composed of people from all walks of life. He is very sought after by his clients due to the high quality of the products he sells.

In order to better serve his ever-increasing customer base, twelve months ago Kalidou decided to join the microfinance institution Soro Yiriwaso. He is on his second loan with the institution. With this loan, he plans go to Bamako (the capital of Mali) to purchase 15 DVDs, eight televisions, 45 mobile phones of different brands, five cartons of face plates, 15 phone chargers, 25 packs of memory cards, 15 cartons of batteries, and 12 dozen assorted earphones.

He hopes to earn a monthly income of 275,000 FCFA. This income will be used primarily to contribute to family expenses, to pay the interest on his loan and to re-invest in his business.
View original language description ↓
Né vers 1983 à Sikasso, Monsieur Kalidou est célibataire et réside chez son père dans une grande famille traditionnelle à Médine, un des quartiers populaires de la ville de Sikasso.
Kalidou s’est très vite initié depuis plus de deux années à cette activité d’achat et vente des téléphones portables et leurs accessoires (façade, batterie, chargeur, écouteur, etc.) Son activité est menée dans sa boutique située aux abords d'une route très fréquentée avec une clientèle composée de toutes les couches sociales. Il est beaucoup sollicité de sa clientèle pour la qualité de ses produits.
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 maintenant douze mois.
Il sollicite ce deuxième crédit qui lui permettant d’acheter à Bamako 15 DVD, 8 téléviseurs, 45 téléphones portables de marques différentes, 5 cartons de façade, une quinzaine de chargeurs, 25 paquets de carte mémoire, 15 cartons de batterie et 12 douzaines d’écouteur de différentes sortes.
Il envisage réaliser avec ce prêt un bénéfice mensuel de 275 000 FCFA qui sera utilisé essentiellement 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
  • 17
    View loans »
    Mali Loans Fundraising
  • $10,308,425
    Funds lent in using Kiva
  • 506.1
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Kalidou to purchase DVDs, TVs, mobile phones and phone accessories for resale.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 9, 2012
Listed
Oct 18, 2012
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2013