Check out some available loans that are similar to this one!
Mamadou
Mamadou is a 26-year-old married man and the father of one child. He lives with his wife and child in a traditional family in the "Hérémakono Nord" neighborhood of Bougouni.

In the past, Mamadou used to be involved in many income-generating activities in Bamako, where, in particular, he worked as a day laborer for storekeepers. However, these activities proved unsuccessful, so he decided to go back to his family in Bougouni and learned to become a tailor, from his uncle. He now has six years of experience in this field, he manages his activity well, and has opened his own workshop.

In order to strengthen his activity, Mamadou has decided to take a new loan to buy a sewing machine and, with the rest of the money, some sewing supplies. He will make these purchases in Bamako. He has been a client of Soro Yiriwaso for two years. He receives many orders from residents of his neighborhood.

Mamadou is expecting monthly profits to reach 60,000 CFA francs, which will be used to improve his business and to cover his family's expenses.
View original language description ↓
Monsieur Mamadou est un homme marié de 26 ans et père d’un enfant. Il vit avec sa femme et son enfant dans une famille traditionnelle à Bougouni dans le quartier Hérémakono Nord de Bougouni.
Après avoir mené beaucoup d’activités génératrices de revenus à Bamako notamment les travaux journaliers auprès des commerçants sans succès, il décida de retourner en famille à Bougouni pour apprendre le métier de tailleur auprès de son oncle. Avec 6 années d’expérience, il maîtrise son activité et ouvre son propre atelier.
Dans le cadre du renforcement de ses activités il décida de prendre un nouveau prêt pour acheter à Bamako 1 machine coudre et reste de l’argent pour des articles de merceries. Il est à sa deuxième années d’expérience avec Soro Yiriwaso. Il est très sollicité dans le quartier par ses clients. Il compte réaliser un bénéfice mensuel 60 000 FCFA qui sera utilisé pour améliorer l’entreprise et subvenir au dépense de la famille.

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
  • 35
    View loans »
    Mali Loans Fundraising
  • $10,282,350
    Funds lent in using Kiva
  • 504.0
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Mamadou to buy a sewing machine and some sewing supplies.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Mar 14, 2013
Listed
Mar 15, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 16, 2014