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Yacouba
Born in March 1977 in Sikasso, Yacouba is married and a father of six children. He lives with his spouse and their children in a large traditional family in Bougoula Hameau, one of the villages situated about seven kilometers from the town of Sikasso.

Yacouba, after having tried various jobs without success, started his own business buying and selling various goods in a shop. He [has been running] his shop in front of his home for more than 12 years. He is in high demand by his customers, because of the quality of his products.

To satisfy his growing number of customers, he decided to join the micro-finance institution Soro Yiriwaso about four years ago. After having correctly repaid his six previous loans, he is asking for a seventh loan, which will allow him to increase his business capital in order to acquire 10 tons of corn, 25 packets of different kinds of cigarettes, 10 boxes of tea, 8 sacs of sugar, 10 packets of powdered milk, 10 packets of candies, 15 packets of chewing gum, 30 packets of matches and 15 boxes of soap.

Yacouba procures his goods from commercial wholesalers in Sikasso and surrounding areas, then he resells his merchandise at retail for cash and credit to customers from his area who represent all walks of life.

With this loan, he hopes to earn an average monthly profit of 150,000 francs CFA, which he will use to contribute to his family's expenses, pay the interest on the loan, and invest in his business.
View original language description ↓
Né en Mars 1977 à Sikasso, Monsieur Yacouba est marié et père de six enfants qui réside avec son épouse et leurs enfants dans une grande famille traditionnelle à Bougoula Hameau un des villages situé environ à 7km de la ville de Sikasso.
Monsieur Yacouba après avoir mené plusieurs activités sans succès, s’est initié aux activités d’achat et de vente des articles divers de boutique devant le domicile conjugal depuis plus de douze années. Il est beaucoup sollicité de sa clientèle pour la qualité de ses produits.
Pour satisfaire sa clientèle de plus en plus croissante, il décida de rejoindre l’institution de microfinance Soro Yiriwaso il y’a environ quatre ans. Après avoir correctement remboursés ses 6 prêts précédents, il sollicite ce septième qui lui permettra d’augmenter son fonds de commerce afin d’acquérir, 10 tonnes de maïs, 25 cartouches de Cigarettes différentes, 10 cartons du thé, 8 sacs du sucre, 10 paquets de lait en poudre, 10 paquets de bonbon, 15 paquet de Chewing Gum, 30 paquets d’allumettes et 15 cartons de savon.
S’approvisionnant auprès de commerçants grossistes de la ville de Sikasso et environnants, il revend ses marchandises en détail, au comptant et à crédit à une clientèle composée de toutes sortes de couches sociales de sa localité.
Il envisage réaliser avec ce prêt un bénéfice mensuel de 150.000 FCFA qui sera utilisé pour contribuer aux dépenses familiales, 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

  • $1,200
    Average annual income
  • 156
    View loans »
    Mali Loans Fundraising
  • $11,265,850
    Funds lent in using Kiva
  • 509.8
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Yacouba to buy grains and other various items.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Mar 22, 2013
Listed
Apr 2, 2013
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2013