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Lassine was born around 1975 in Bamako. Married and the father of 2 children, he lives in a nuclear family in Noumousso, Kadiolo (3rd administrative region of the Republic of Mali). He has been buying and selling cereals and food products for 6 years. His experience in this line of work has earned him a good reputation and he receives orders for cereals, particularly corn. He therefore decided to work with the Soro Yiriwaso microfinance institution in order to have the resources necessary to satisfy his customers, and is on his 7th loan cycle. The previous loans have been correctly reimbursed.

This loan will enable him to buy 5 tons of corn and one ton of groundnuts. He gets his supplies from the neighbouring villages in Kadiolo, and stores the products in his shop. He sells them for cash to a clientèle made up of men and women from Sikasso and Bamako. Thanks to this loan, he expects to make an average monthly profit of 110 000 francs. Part of the profit will allow him to cover the interest payments on his loan, and part will be reinvested in his business.
Monsieur Lassine est né en 1975 à BAMAKO. Père de 2 enfants il vit dans une famille nucléaire à Noumousso - Kadiolo (troisième région administrative de la république du Mali).
Il mène une activité de commercialisation de céréales et de produits alimentaires depuis six ans. Son expérience dans ce domaine, lui a valu une bonne réputation et il reçoit des commandes de céréales, notamment du maïs. Ainsi pour avoir les ressources nécessaires afin de satisfaire ses clients, il décide de collaborer avec l’Institution de microfinance Soro Yiriwaso avec qui il est à son septième cycle tous les prêts passés se sont correctement dénoués.
Ce prêt lui permettra d’acheter 5 tonnes de maïs et 1 tonne d’arachide. Il s’approvisionne dans les villages avoisinants de Kadiolo. Les produits sont stockés dans son magasin. Il les revend au comptant à une clientèle composée d’hommes et de femmes venant de SIKASSO et de BAMAKO.
Avec ce prêt, il envisage réaliser un bénéfice mensuel moyen de 110.000 FCFA. Ce bénéfice lui permettra de 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
  • 5
    View loans »
    Mali Loans Fundraising
  • $11,609,175
    Funds lent in using Kiva
  • 502.2
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD