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Mamoudou Garba
Mamoudou Garba is more than 39 years old. He has two wives and is the father of four children. He lives with his wives and children in a nuclear family in Lafiabougou, a densely-populated neighborhood of Sikasso (third administrative region of the Republic of Mali).

After having run a number of unsuccessful businesses, Mamoudou Garba decided to start a business selling roast meat (sheep and goats). He has been in this business for 18 years now and has a roadside sales location in Mancourani II.

Mamoudou Garba decided to join Soro Yiriwaso microfinance institution and request his first loan as he wanted to be able to better satisfy his growing number of customers. With this first loan, he plans to buy 5 sheep and 5 goats from nearby towns. These animals will be slaughtered so that he can roast them and sell their meat to a customer base made up of both men and women. Mamoudou Garba hopes to make a monthly profit of 13,000 francs from this loan. He will use the money to contribute towards his family expenses, pay the interest on his loan and invest in his business.
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Monsieur Mamoudou Garba est âgé de plus de 39 ans marié deux femmes et père de quatre enfants domicilié avec sa femme et ses enfants dans une famille nucléaire à Lafiabougou un des quartiers populaires de la ville de Sikasso (troisième région administrative de la république du Mali).
Monsieur Mamoudou Garba après avoir mené beaucoup d’activité sans succès, s’est initié à cette activité de rôtisseur (vente des moutons et chèvres rôtis) il y’a maintenant dix huit ans. Il dispose d’un point de vente à Mancourani II aux abords du goudron. Dans le souci de mieux satisfaire sa clientèle de plus en plus croissante, il décide de rejoindre l’institution de microfinance Soro Yiriwaso avec qui il est à son premier prêt .
Avec ce premier prêt il compte acheter, 5 moutons, 5 chèvres en provenance des localités environnantes de Sikasso. Ces bêtes seront abattues à des fins de sa rôtisserie et la viande rôtis revendues à une clientèle composée d’hommes et de femmes.
Il envisage réaliser avec ce prêt un bénéfice mensuel de 130 000 FCFA qui sera utilisé essentiellement pour contribuer aux dépenses familiales, payer les intérêts de son prêt 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

  • $1,100
    Average annual income
  • 29
    View loans »
    Mali Loans Fundraising
  • $11,463,475
    Funds lent in using Kiva
  • 489.8
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD