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Adama
Born in Kebila in the Kolondieba district, Adama is a 34-year-old married man, father of three children, who lives with his wife and children in the Massablcoura neighborhood of Bougouni.

He dropped out of school at an early age in favor of income-generating activities. For years he tried various activities such as the retail sale of sundries but without success. He eventually opted to learn the blacksmith trade including the manufacture and sale of plows and hoes. With more than ten years' experience, he has mastered his activity.

In need of funding he decided to collaborate with Soro Yiriwaso to buy 48 kg of iron, 10 bags of charcoal and the remainder destined to purchase lumber.

He gets his supplies in Bamako, capital of the Republic of Mali. It is his second loan with Soro Yiriwaso. The previous loan was repaid correctly. His workshop is situated along the road connecting Bougouni to Sikasso. Sales are conducted in his workshop and in the weekly markets. His customers are farmers for the most part

He hopes to achieve monthly profits of 30,000 FCFA, which will be used to cover family expenses and be reinvested in the business.
View original language description ↓
Né à Kebila dans cercle de Kolondieba, Adama est un homme marié de 34 ans et père de 3 enfants qui vit avec sa femme et ses enfants dans le quartier Massablcoura de Bougouni.
Très vite il abandonna l’école au profit des activités génératrices de revenus. Il a tenté pendant des années différentes activités comme la vente d’articles divers de boutique mais sans succès. Il finit par opter apprendre le métier de la forge avec la fabrication et la vente des charrues et houes.
Avec une expérience de plus de 10 ans, il maîtrise son activité.
Pour obtenir un fonds il décida de collaborer avec à Soro Yiriwaso pour acheter 48 kg de fers, 10 sacs de charbon de bois et le reste de l’argent est réservé pour l’achat de bois de travail.
Il s’approvisionne à Bamako capitale de la république du Mali. Il est à son deuxième prêt avec Soro Yiriwaso. Le prêt précédent a été correctement remboursé. Son atelier est situé aux abords la route reliant Bougouni à Sikasso. La vente se fait dans son atelier et au dans les marchés hebdomadaires. Sa clientèle est composée pour la plupart de paysans.
Il compte réaliser un bénéfice mensuel de 30 000 FCFA qui sera utilisé pour subvenir aux dépenses de la famille et être réinvesti dans les activités.

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
  • 28
    View loans »
    Mali Loans Fundraising
  • $11,391,925
    Funds lent in using Kiva
  • 504.0
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD