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Moussa
Moussa was born around 1978 in the Zanso Circle of Kadiolo. The father of two children, Moussa lives in a traditional family in the city of Loulouni (third administrative region of the Republic of Mali). Moussa has a booth at the market in Loulouni where he has been running his business of selling fresh fish for almost two years. His experience in this field has earned him a good reputation and notoriety in his trade. In order to purchase the supplies to satisfy the demand of his customers, Moussa has begun working with the microfinance institution Soro Yiriwaso. He is currently on his first loan cycle.

This loan will enable Moussa to buy 200 kilos of fresh fish. He purchases his supply at the large market in the city of Sikasso. Moussa sells his fish for cash and at retail at his booth in Loulouni to a clientele composed of both men and women. With this loan, he expects to earn an average monthly income of 70,000 FCFA. This loan will allow Moussa to pay the interest on his loan and pay for his expenses. He will reinvest the remainder into his business. Moussa's ambition is to become a wholesaler so that he can properly supply fresh fish to his ever-increasing clientele.
View original language description ↓
Monsieur MOUSSA est né vers 1978 à ZANSO cercle de KADIOLO. Père de deux enfants il vit dans une famille traditionnelle LOULOUNI - VILLE (troisième région administrative de la république du Mali).
Il possède d’un kiosque au marché de LOULOUNI VILLE afin de bien mener son activité de vente de poissons frais depuis maintenant près de 2 ans. Son expérience dans ce domaine, lui a valu une bonne réputation et notoriété.
Ainsi pour avoir les ressources nécessaires afin de satisfaire ses clients, il sollicite la collaboration de l’Institution de microfinance Soro. Il est à son 1er prêt.
Ce prêt lui permettra d’acheter 200 kilos de poisson frais. Il s’approvisionne au grand marché de la ville de SIKASSO. Il les revend au comptant et en détail dans son kiosque à Loulouni à une clientèle composée d’hommes et de femmes.
Avec ce prêt, il envisage réaliser un bénéfice mensuel moyen de 70 000 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 devenir un grossiste afin de ravitailler convenablement en poisson frais sa clientèle qui ne cesse de s’agrandir.

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
  • 39
    View loans »
    Mali Loans Fundraising
  • $10,429,550
    Funds lent in using Kiva
  • 502.2
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $300 helped Moussa to purchase fresh fish.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 18, 2013
Listed
Mar 6, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2013