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Sériba
Sériba was born in October 1960 in Tinzanadougou in the prefecture of Sikasso. He is married and father to seven children, and he lives with his two wives and their children in a large traditional family in Sanoubougou 1, one of the working-class districts of the town on Sikasso.

After several unsuccessful business ventures, Sériba began buying livestock about nine years ago. He carries out this activity at the new livestock market in Médine where he sells sheep, goats etc..He is in great demand from his customers for the quality of his livestock. In order to satisfy the demand of his ever-growing customer base, he decided to join the microfinance institution, Soro Yiriwaso and is now on his third individual loan.

He is requesting this third individual loan to buy 20 small ruminants from breeders in the surrounding towns, including Bamoukou, Kléla, Koro, Barrage etc.

With this loan he is expecting to make a monthly profit of 90,000FCFA, which will be used to expand his business, contribute to family expenses and repay the interest on his loan.
View original language description ↓
Né en Octobre 1960 à Tinzanadougou préfecture de Sikasso, Monsieur Sériba est marié et père de 7 enfants, il réside avec ses deux épouses et leurs enfants dans une grande famille traditionnelle élargie à Sanoubougou I, un des quartiers populaires de la ville de Sikasso.
Monsieur Sériba après avoir mené plusieurs activités sans succès, s’est initié à l’achat de bétail il y’a environ 9 ans. Il mène cette activité au marché à bétail du nouveau marché de Médine où il vend des moutons, chèvres, etc.. Il est beaucoup sollicité de sa clientèle pour la qualité de son bétail. Pour satisfaire sa clientèle de plus en plus croissante, il décida de rejoindre l’institution de microfinance Soro Yiriwaso avec qui il est à son troisième prêt individuel..
Il sollicite ce troisième prêt individuel pour acheter 20 petits ruminants dans les localités environnantes qui sont entre autres (Bamoukou, Kléla, Koro Barrage, etc.) auprès des éleveurs
Avec ce prêt il envisage réaliser un bénéfice mensuel de 90 000 FCFA qui sera utilisé pour augmenter son fonds de commerce, contribuer aux dépenses familiales et payer les intérêts de son prêt.

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
  • 21
    View loans »
    Mali Loans Fundraising
  • $10,738,725
    Funds lent in using Kiva
  • 502.2
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $400 helped Sériba to buy livestock.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Feb 19, 2013
Listed
Mar 7, 2013
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2013