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Adama
Born in 1966, Adama lives with his wife and 6 children in a monogamous family environment in the district of Massablacoura, Bougouni town. Adama, having done poorly at school, quickly became interested in revenue-generating activities, notably the buying and selling of cereals, which he buys from the peasant farmers in Bougouni and the surrounding areas.

Adama is on his first loan from Soro Yiriwaso, which will be used to buy 2 tons of corn, 1 ton of millet and half a ton of black eyed peas. He makes his sales at the Bougouni market for cash or credit, to a retail clientèle composed of men and women. Adama hopes to make a monthly profit of 110 000 francs, which will be used to meet his family's needs, to repay the the loan and to reinvest in his business.
Né en 1966, Adama vit avec ses 6 enfants et son épouse dans une famille monogame au quartier Massablacoura de la ville de Bougouni.
Adama, n’ayant pas réussit à l’école s’est très vite s’intéressé aux activités génératrices de revenus notamment à l’achat vente de céréales qu’il achète auprès des paysans producteurs de Bougouni et environs.
Adama est à son premier prêt avec Soro Yiriwaso qui sera utilisé pour acheter, 2 tonnes de maïs et 1 tonne mil et ½ tonne de niébé. Il effectue ses ventes au comptant, à crédit et en détail, dans le marché de Bougouni à une clientèle composée d’hommes et de femmes.
Adama espère réaliser un bénéfice mensuel de 110.000FCFA qui sera utilisé pour subvenir aux besoins de la famille, rembourser le prêt et réinvestir dans les activités.

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
  • 27
    View loans »
    Mali Loans Fundraising
  • $11,465,250
    Funds lent in using Kiva
  • 489.5
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD