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Mr. Yaya, age 22, is a single man without children who lives in his father’s home in the Torakabougou district of Bougouni. He never attended school. He became a sheperd at a young age alongside his father in the village near Bougouni.

After a few years, he left the village to undertake income-generating activities such as the sale of various staples. With six years of experience, he now has a good command of his activity.

To meet the needs of a growing customer base, he joined the microfinance institution Soro Yiriwaso. Having obtained and correctly repaid two loans, he is now seeking a 3rd loan to buy two bags of sugar, six boxes of tea, four cartons of cigarettes and five boxes of soaps. He buys his merchandise in
Bougouni and in Bamako, capital of the Republic of Mali. His client base is composed of locals.

With this loan, Yaya expects to earn a monthly profit of 30,000FCFA. He plans to use his profits to expand his store.
Monsieur Yaya est un célibataire de 22 ans et sans enfants qui vit chez son père dans le quartier Torakabougou de Bougouni.
Il n’a pas fréquenté le système scolaire, dès son jeune âge il suivait les animaux c’est à dire l'activité du berger auprès de son père au village près de Bougouni.
Quelles années plus tard il décida de quitter le village afin de s’intéresser aux activités génératrices de revenus notamment à la vente d’articles de la boutique. Avec 6 année d’expérience, il maîtrise cette activité.
Dans le souci de satisfaire sa clientèle de plus en plus nombreuse, il décida de collaborer avec Soro Yiriwaso. Après deux prêts tous correctement remboursés, il est à son troisième prêt qui sera utilisé pour acheter 2 sacs du sucre, 6 cartons de thé, 4 cartons de cigarettes et 5cartons de savons. Il s’approvisionne à Bougouni et à Bamako capitale de la république du Mali et à Bougouni.
Sa clientèle est composée de la population locale. Avec ce prêt, Yaya compte réaliser un bénéfice mensuel de 30 000FCFA.
Avec ce bénéfice il envisage toujours agrandir sa boutique.

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
  • 3
    View loans »
    Mali Loans Fundraising
  • $11,596,000
    Funds lent in using Kiva
  • 504.0
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD