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Ibourahima
Ibourahima is 20 years old and lives with his wife in the prefecture of Ouelessebougou, Koulikoro region. Ibourahima did not get the opportunity to go to school. He became interested in revenue-generating activities at a very young age, notably the buying and selling of vegetable seeds. He learnt his trade alongside his maternal uncle, who used to be a large retailer of seeds.

Ibourahima decided to work together with Soro Yiriwaso in order to be able to satisfy his growing customer base. This is his 3rd individual loan and will be used to buy 200 packets of vegetable seeds from the wholesalers in Bamako, which he will resell in Ouelessebougou and in the surrounding villages, for cash or credit, to a mixed retail clientèle. He hopes to make an average monthly of 50 000 francs, part of which will be used to repay the loan, whilst the rest will be reinvested in his business.
Monsieur IBOURAHIMA est âgé de 20 ans et vit avec son épouse dans la sous préfecture de Ouelessebougou, Région de Koulikoro.
IBOURAHIMA n’a pas eu la chance d’aller à l’école. Très tôt il s’intéressa aux activités génératrices de revenus notamment à l’achat vente des semences maraichères. Il a appris cette activité auprès de son oncle maternel, qui fut jadis un grand commerçant de semences.
Dans le souci de satisfaire sa clientèle en nette croissance, il décida de collaborer avec Soro Yiriwaso. Il est à son troisième prêt individuel qui servira à acheter 200 sachets de semences maraîchères auprès des grossistes de Bamako qu’il revend en détail à Ouelessebougou et dans les villages environnants à crédit et au comptant à une clientèle mixte.
IBOURAHIMA espère réaliser un bénéfice moyen mensuel de 50.000. FCFA qui sera utilisé pour rembourser le prêt et être réinvestir le reste 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

  • $1,200
    Average annual income
  • 17
    View loans »
    Mali Loans Fundraising
  • $10,188,875
    Funds lent in using Kiva
  • 481.3
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $525 helped Ibourahima to buy vegetable seeds.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 22, 2013
Listed
Feb 5, 2013
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2013