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Moussa
Mister Moussa was born around 1956 and lives with his two wives and his children in Niena, one of the communes of the third administrative region of the republic of Mali.

He has been managing businesses buying and selling used tires and inner tubes for more than 20 years. His experience in this domain has brought him a good reputation and he gets orders from a variety of customers. Thus to have the resources necessary to satisfy his customers, he decided to collaborate with the Micro-Finance Institution Soro Yiriwaso 4 years ago. All previous loans have been correctly repaid.

This loan will allow him to buy 100 tires and several inner tubes. He gets his supplies at the market of Sikasso as well as in Bamako. His sales are made in Niena for example at the busy weekly fairs. His clientele consists primarily of men.

With his loan, Mister Moussa envisions making an average monthly profit of 75,000 FCFA per month. This profit will allow him to meet the financial obligations of his loan and to invest the rest in his business.
View original language description ↓
Monsieur Moussa est né vers 1956 et vit avec ses deux femmes et ses enfants à Niena. Un des commune de la troisième région administrative de la république du Mali.
Il mène des activités d’achat et de vente de pneus et chambre à air d’occasion depuis plus de 20 ans. Son expérience dans ce domaine, lui a valu une bonne réputation et reçoit des commandes de divers clients. Ainsi pour avoir les ressources nécessaires afin de satisfaire ces clients, il décida de collaborer avec l’Institution de Micro Finance Soro Yiriwaso, il ya 4 ans, tous les prêts précédant ont été correctement remboursés.
Ce prêt lui permettra d’acheter 100 pneus et quelques chambre à air. Il s’approvisionne au marché de Sikasso ainsi qu’à Bamako. Les ventes sont faites à Niena comme au niveau des foires hebdomadaires fréquentées. Sa clientèle est composée principalement d’hommes.
Avec ce prêt, Mr Moussa envisage réaliser un bénéfice mensuel moyen de 75 000 FCFA par mois. Ce bénéfice lui permettra de payer les échéances 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

  • $1,100
    Average annual income
  • 40
    View loans »
    Mali Loans Fundraising
  • $11,450,100
    Funds lent in using Kiva
  • 512.4
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD