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Maky
Maky is 22 years old. He is single and has no children. He lives in a traditional family in the Hamdallaye neighborhood of the city of Ségou. For social reasons, Maky did not attend school. Instead, he got involved in income-generating activities, working alongside his father who was himself involved in several activities (he worked as a middleman, sold various goods etc.) After learning from his father for several years, Maky decided to work on his own and started to buy and sell fuel and lubricants. He has been involved in this business for nine years and is very experienced in his field. He has many customers.

Eager to expand his business and to make more profits, Maky joined Soro Yiriwaso over a year ago. He plans to use this new loan to buy 70 liters of gasoline. He stocks up locally.

Maky sells his goods for cash to both men and women. With his loan, he is expecting monthly profits to reach 60,000 CFA francs, which will allow him to repay his loan and diversify his activity.
View original language description ↓
Monsieur MAKY est âgé de 22 ans et célibataire sans enfant. Il vit dans une famille traditionnelle au quartier Hamdallaye de Ségou
N’ayant pas fréquenté l’école pour des raisons sociales, il commença à faire les activités génératrices de revenus auprès de son père qui menait plusieurs activités (courtier, vente d’articles divers, etc.) Après plusieurs années d’apprentissage à son côté, il décide d’évoluer seul en menant les activités d’achat et de vente de carburant et lubrifiants. Il mène cette activité depuis 9 ans et jouit d’une grande expérience et clientèle.
Dans le souci d’augmenter son fonds de commerce et de faire plus de bénéfice, il rentre en collaboration avec Soro Yiriwaso depuis plus de 12 mois.
Il compte utiliser ce nouveau prêt pour acheter 70 litres d’essence. Il s’approvisionne sur place.
Monsieur MAKY vend au comptant à une clientèle mixte. Avec ce prêt il envisage réaliser un bénéfice mensuel de 60 000FCFA. Ce bénéfice lui permettra de rembourser son prêt et de diversifier 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

  • $1,200
    Average annual income
  • 30
    View loans »
    Mali Loans Fundraising
  • $9,921,450
    Funds lent in using Kiva
  • 503.2
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Maky to buy gasoline.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 12, 2013
Listed
Mar 13, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 16, 2014