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Salicou
SALICOU was born around 1985 in DIOUMANTENE, Kadiolo Cercle. He is single with no children, and he lives in a traditional family in Dioulasso - Kadiolo (third largest administrative region in the Republic of Mali).

He has a kiosk where he conducts his business. He has been working with the micro-finance institution, Soro Yiriwaso, for one year now in order to satisfy his growing customer base. His previous loans were correctly repaid.

This loan will allow him to buy 10 cellphones, some boxes of cellphone covers, and prepaid calling cards. He stocks up in Bamako and resells his goods retail for cash at his boutique in Kadiolo, and often in Zégoua as well, to a clientele of both men and women.

With the loan, he plans to earn an average monthly profit of 100,000 FCFA. The profit will allow him to pay the interest of his loan and cover his expenses. He will reinvest the rest in his business.

His plan is to increase his capital to make his kiosk more welcoming in order to satisfy his customers.
View original language description ↓
Monsieur SALICOU est né vers 1985 à DIOUMANTENE cercle de KADIOLO. Célibataire sans enfants il vit dans une famille traditionnelle à Dioulasso - Kadiolo (troisième région administrtive de la république du Mali).
Il possède un kiosque afin de bien mener son activité de commerce. Afin de satisfaire sa clientèle en nette croissance, il collabore avec l’Institution de Micro Finance Soro Yiriwaso depuis 1 an. Les prêts antérieurs ont été bien remboursés.
Ce prêt lui permettra d’acheter, 10 téléphoniques, des cartons de façades et des cartons de recharges prépayées. Il s’approvisionne à Bamako et revend au comptant, en détail dans sa boutique à Kadiolo et souvent à Zégoua à une clientèle composée d’hommes et de femmes.
Avec ce prêt, il envisage réaliser un bénéfice mensuel moyen de 100 000 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 augmenter son capital pour aménager un endroit beaucoup plus accueillant afin de satisfaire sa clientèle.

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
  • 12
    View loans »
    Mali Loans Fundraising
  • $10,215,175
    Funds lent in using Kiva
  • 502.8
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Salicou to buy cellphones and accessories.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 5, 2012
Listed
Oct 24, 2012
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2013