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Amidou
Mr. AMIDOU was born around 1968 in Ougan, SIKASSO. A father of seven children, he lives in a traditional family in Noumousso, Kadiolo. He owns a shop where he has been selling various staples (cereals, sugar, oil, etc.) for nearly ten years. His experience has earned him a good reputation in his business. He receives orders for cereals such as rice.

To have the resources needed to meet customer demand, he joined the microfinance institution Soro Yiriwaso six years ago. All past loans were repaid without incident.

This loan will allow him to buy one ton of sugar, five 20-liter jugs of oil, and three packages of cookies. He buys his stock at the big market of Kadiolo on fair day. He conducts his sales at his shop for cash, on order, wholesale and at retail, to a clientele consisting of both men and women.

He hopes to earn an average monthly profit of 80,000 FCFA. This profit will allow him to pay the loan interest and to cover most of his expenses, any remainder to be reinvested in his activity. He plans to buy two tons of concrete to finish the land improvements needed to build housing.
Monsieur AMIDOU est né vers 1968 à Ougan cercle de SIKASSO. Père de 7 enfants il vit dans une famille traditionnelle à Noumousso – Kadiolo.
Il possède une boutique afin de bien mener son activité de commerce (céréales, sucre, huile, autres articles de boutique) depuis près de 10 ans. Son expérience dans ce domaine, lui a valu une bonne réputation et réçoit des commandes de céréales, notamment du riz. Ainsi pour avoir les ressources nécessaires afin de satisfaire ces clients, il collabore avec l’Institution de microfinance Soro Yiriwaso depuis 6 ans. Les prêts antérieurs ont été bien remboursés.
Ce prêt lui permettra d’acheter, 1tonne de sucre, 5 bidons de 20 litres d’huile et 3paquets biscuits. Il s’approvisionne au grand marché de la ville de Kadiolo le jour de foire. Il les revend au comptant, sur commande, en gros et en détail dans sa boutique à Kadiolo à une clientèle composée d’hommes et de femmes.
Avec ce prêt, il envisage réaliser un bénéfice mensuel moyen de 80 000 FCFA. Ce bénéfice lui permettra de payer les intérêts de son prêt de résoudre l’essentielle de ses dépenses et investir le reste dans son activité.
Il compte acheter deux tonnes de ciments pour achever la construction de son terrain à usage d’habitation.

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
  • 29
    View loans »
    Mali Loans Fundraising
  • $10,686,675
    Funds lent in using Kiva
  • 502.8
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Amidou to buy various staples for his store.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 5, 2012
Listed
Oct 23, 2012
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2013