Check out other loans that are currently fundraising!
Mr. Moussa is a 37-year-old married man and the father of five children. He lives with his wife and children at his deceased father's house in Bougouni, in the Niébala district. After Koranic school, he remained unemployed for a long time. So, after thorough reflection, he decided to learn from his uncle how to buy and sell basins of all kinds. With a small amount of working capital from his father before he died, Mr. Moussa decided to operate revenue-generating businesses, such as those involving aluminum basins and insulated containers. With over ten years of experience, he has a mastery of his work.

With respect to bolstering his business, he decided to join the Soro Yiriwaso loan program and is now on his first loan, which will be use to purchase 30 dozen containers. He gets his supplies in Bamako, and sales are made in his store located at the big market in Bougouni. His customer base is composed of women in particular.

With this loan, he plans on making a monthly profit of 80,000 francs CFA that will used to pay back the loan and to cover family expenses.
View original language description ↓
Monsieur Moussa est un homme marié de 37 ans et père de 5 enfants. Il vit avec sa femme et ses enfants chez son feu père à Bougouni dans le quartier Niébala. Après l’école coranique, il est resté longtemps sans emploi. C’est ainsi qu’après mûre réflexion, il décida d’apprendre auprès de son oncle l’achat et la vente des tasses de tous genres. Après avoir eu un petit fonds de roulement à travers son père avant son décès il décide de méner des activités génératrices comme l’achat et la vente de tasses en aluminuim et tasses thermos. Avec une expériences de plus de 10 ans, il maîtrise son activité.
Dans le cadre du renforcement de ses activités, il décide d’intégrer le programme de crédit de Soro Yiriwaso avec qui il est à son premier prêt qui sera utilisé pour acheter 30 douzaines de tasses. Il s’approvisionne à Bamako et la vente se fait dans sa boutique située au grand marché de Bougouni. Sa clientèle est composée surtout de femmes.
Avec ce prêt, il compte réaliser un bénéfice mensuel de 80.000 FCFA qui sera utilisé pour payer le prêt et subvenir aux dépenses familialle.

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
  • 40
    View loans »
    Mali Loans Fundraising
  • $11,450,100
    Funds lent in using Kiva
  • 497.4
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD