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Drissa was born in Bougouni in around 1977. He is the father of four children and lives in a traditional family in the neighbourhood of Massablacoura in Bougouni (which is in the third administrative region of the Republic of Mali).

Drissa has been trading cereals for more than 15 years. His experience in the area has given him a good reputation, and he receives orders for cereals, mainly maize and sorghum.

In order to gain the resources necessary to satisfy his customers, he is collaborating with the Soro Yiriwaso microfinance institution. This is his ninth loan, and the previous eight have all been repaid in full.

This loan will enable him to buy 5 tonnes of maize and 1 tonne of sorghum. He buys his supplies in the villages in Garalo and the surrounding area. The cereals are stored in his shop before being resold for cash to men and women from Sikasso and Bamako. Often, he transports the cereals to Bamako if required.

With this loan, Drissa envisages earning an average of 150 000 CFA francs per month. The money remaining after loan repayments will go towards investing in his business. He is intending to become a wholesaler in Bougouni.
View original language description ↓
Monsieur Drissa est né vers 1977 à Bougouni. Père de 4 enfants il vit dans une famille traditionnelle dans le quartier Massablacoura de la ville de Bougouni (troisième région administrative de la république du Mali).
Il mène des activités de commercialisation de céréales depuis plus de 15 ans. Son expérience dans ce domaine, lui a valu une bonne réputation et reçoit des commandes de céréales, notamment du maïs et du sorgho. Ainsi pour avoir les ressources nécessaires afin de satisfaire ses clients, il collabore avec l’Institution de microfinance Soro Yiriwaso. Il est à son 9 eme prêt maintenant, les huit prêts passés ont été correctement remboursés.
Ce prêt lui permettra d’acheter, 5 tonnes de maïs et 1 tonne de sorgho.
Il s’approvisionne dans les villages de Garalo et environs. Les céréales sont stockées dans son magasin pendant un certain temps. Il les revend au comptant à une clientèle composée d’hommes et de femmes venant de Sikasso et de Bamako et souvent Drissa les transporte à Bamako au besoin.
Avec ce prêt, il envisage réaliser un bénéfice mensuel moyen de 150 000 FCFA. Ce bénéfice lui permettra de payer les intérêts de son prêt et investir le reste dans son activité.
Il compte devenir un grossiste à Bougouni.

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
  • 26
    View loans »
    Mali Loans Fundraising
  • $11,463,475
    Funds lent in using Kiva
  • 514.4
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD