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Issouf Kossa
Issouf was born around 1984 in Bamako (the capital of Mali). Single and without children, Issouf lives in a traditional family in Tagouasso - Kadiolo (in the third administrative region of the Republic of Mali).

Issouf excels in the buying and selling of electronics such as mobile phones and their accessories. He has a booth so that he can properly conduct his business. Issouf's experience has earned him a good reputation in his field and he receives a large number of orders. In order to purchase the supplies to satisfy the demand of his customers, Issouf has begun working with the microfinance institution Soro Yiriwaso. He is on his first loan cycle.

This loan will enable Issouf to buy a dozen mobile phones, as well as face plates and pre-paid phone cards. He purchases his supplies in Bamako and retails his merchandise for cash at his shop in Loulouni. His clientele is composed of both men and women. With this loan, Issouf expects to earn an average monthly income of 90,000 FCFA. This income will allow him to pay the interest on his loan and pay for his expenses. He will use the remainder to reinvest in his business. Issouf's ambition is to increase his capital so that he can create a more welcoming shop for his customers.
View original language description ↓
Monsieur ISSOUF est né vers 1984 à Bamako (capitale du MALI). Célibataire sans enfants il vit dans une famille traditionnelle à Tagouasso – Kadiolo (troisième région administrative de la république du Mali).
Issouf excelle dans l’achat vente d’articles électroniques notamment les téléphones portables et accessoires. Il possède un kiosque afin de bien mener son activité de commerce. Son expérience dans ce domaine, lui a valu une bonne réputation et il reçoit beaucoup de commandes. Ainsi pour avoir les ressources nécessaires afin de satisfaire ses clients, il décide de collaborer avec l’Institution de microfinance Soro Yiriwaso et il est à son premier prêt .
Ce prêt lui permettra d’acheter une dizaine de téléphones potables, des façades et des cartes de rechanges. Il s’approvisionne à Bamako et revend au comptant et en détail dans sa boutique à Loulouni à une clientèle composée d’hommes et de femmes.
Avec ce prêt, il envisage réaliser un bénéfice mensuel moyen de 90 000 FCFA. Ce bénéfice lui permettra de payer les intérêts de son prêt de résoudre l’essentielle de ses dépenses et investir le reste dans son activité.
Il ambitionne augmenter son capital afin d’aménager un endroit beaucoup plus accueillant afin de satisfaire sa clientèle.

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
  • 15
    View loans »
    Mali Loans Fundraising
  • $10,188,875
    Funds lent in using Kiva
  • 502.2
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Issouf Kossa to buy mobile phones, face plates and pre-paid phone cards.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 18, 2013
Listed
Mar 6, 2013
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2013