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Sidi
Born around 1979 in Lofigue in Kadiolo Cercle, Sidi is a married man and father to four children. He lives with his family in Louloni, one of the sub-prefectures of the third administrative region of Mali.

Sidi has been managing this business buying and selling gas for about six years. He enjoys a good reputation in this business and gets many orders, but his resources don't allow him to satisfy them. This is why he decided to collaborate with Soro Yiriwaso. He is on his second loan. The previous loan was correctly repaid.

With his loan he plans to buy four barrels of gas, to resell them retail and for cash to a mixed clientèle.

He envisions making an average monthly profit of about 100,000 FCFA which will be used to contribute to the family expenses, pay the interest on his loan and invest the rest in his business.

He plans to become a wholesaler by opening a service station in Loulouni to better serve his clientèle.
View original language description ↓
Né vers 1979 à LOFIGUE Cercle de KADIOLO, SIDI est un homme marié et père de quatre enfants, il vit avec sa famille à Loulouni ville, une des sous préfecture de la 3eme Administrative du MALI.
SIDI mène cette activité d’achat et vente d’essence, il y a environ six ans. Il jouit d’une forte réputation dans cette activité et reçoit beaucoup de commandes, mais ses ressources ne peuvent pas lui permettre de les satisfaire. C’est pour quoi, il a décidé de collaborer avec Soro Yiriwaso. Il est à son deuxième, le prêt passé a été correctement remboursé.
Il compte acheter avec son prêt, quatre futs d’essence. Cela pour les revendre en détail et au comptant à une clientèle mixte.
Il envisage réaliser un bénéfice mensuel moyen de 100.000 FCFA environs qui sera utiliser pour contribuer aux dépenses de la famille, payer les intérêts de son prêt et investir le reste dans son activité.
Il compte devenir grossiste tout en ouvrant une station service à Loulouni pour mieux servir 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
  • 31
    View loans »
    Mali Loans Fundraising
  • $10,386,300
    Funds lent in using Kiva
  • 505.3
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Sidi to buy fuel.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 20, 2012
Listed
Dec 1, 2012
Currency Exchange Loss:
Possible
Ended:
Apr 17, 2013