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Souleymane
Souleymane is 28 years old, unmarried without children, and lives in Koutiala (in the region of Sikasso).
He owns a hardware store and is also a wholesaler selling oil, which is used to make soap. He finds that his business is very profitable, and demand is often very high. In order to satisfy his customers and expand his business, Mr. Souleymane turned to the microfinance institution Soro Yiriwaso to meet his objectives. He is on his first individual loan. This loan will be used to acquire stocks of various merchandise: bulbs, electric wire, paint, locks, and glue. He gets his supplies from the wholesalers in Koutiala and Bamako and makes his sales at his shop in Koutiala Koko to a diverse clientele. With this loan, Souleymane intends to realize a monthly profit of 100,000 FCFA, which he will use to repay his loan, provide for himself, and reinvest in his business.
Agé de 28 ans, Souleymane est célibataire sans enfant, domicilié à Koutiala (Région de Sikasso).
Il dispose d’une quincaillerie, en plus, il est grossiste d’huile, utilisé pour la fabrication du savon. Il trouve que son activité est beaucoup rentable, sa demande est souvent très grande. Pour la bonne satisfaction de sa clientèle et l’agrandissement de son activité, Monsieur a fait recours à l’institution de microfinance Soro Yiriwaso pour l’atteinte de ses objectifs. IL est à son 1er prêt individuel. Ce prêt sera utilisé pour l’acquisition des stocks de diverses marchandises : ampoules, fil électrique, peinture, serrures et colles. Il s’approvisionne auprès des grossistes de Koutiala et de Bamako et effectue sa vente dans sa boutique à Koutiala KoKo à une clientèle mixte en espèce. Souleymane compte réaliser un bénéfice mensuel de 100.000 FCFA qu’il utilisera pour le remboursement de son prêt, satisfaire à ses besoins et investir le reste dans son activité.

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
  • 30
    View loans »
    Mali Loans Fundraising
  • $10,710,275
    Funds lent in using Kiva
  • 490.1
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Souleymane to buy hardware supplies.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 9, 2013
Listed
Jan 19, 2013
Currency Exchange Loss:
Possible
Ended:
Feb 17, 2014