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Yamoussa
Yamoussa was born around 1967 in Ouayere, in the commune of Farakala. He is married and the father of five children. He lives with his two wives and his children in his own house in Hamdallaye, one of the working class neighborhoods of the city of Sikasso (third administrative region of the Republic of Mali).

Not having had the opportunity to go to school, Yamoussa initially got involved in several unsuccessful activities, but he quickly learned to do business, storing and selling grains in particular. He has now been working in this field for seven years. His vast experience in this domain has earned him a good reputation and he receives many orders. However, he does not have the necessary resources to meet his needs.

Yamoussa has therefore decided to join the loan program offered by Soro Yiriwaso, and he is requesting his second loan. This loan will help him to increase his business in order to better meet his customers' expectations. He plans to use this loan to buy 25 bags of millet, 35 bags of maize and 25 bags of rice.

Thanks to this loan, Yamoussa is expecting monthly profits to reach 180,000 CFA francs. He plans to use his profits to take care of most of his personal and family expenses, to pay off his loan interest and to invest in his main business.
View original language description ↓
Né vers 1967 à Ouayere commune de Farakala, Monsieur Yamoussa est marié et père de cinq enfants. Il réside avec ses deux femmes et ses enfants dans sa propre maison à Hamdallaye, un des quartiers populaires de la ville de Sikasso (troisième région administrative de la république du Mali).
N’ayant pas eu la chance d’aller à l’école et après avoir mené plusieurs activités sans succès, il s’est vite initié aux activités commerciales notamment aux stockage et commercialisation des céréales, il y’a maintenant sept années. Avec une telle expérience dans ce domaine, il jouit d’une forte réputation et accueille beaucoup de commandes, mais les ressources nécessaires pour satisfaire ces besoins fait défaut.
Ainsi, il décida d’intégrer le programme de crédit de Soro Yiriwaso avec lequel il sollicite ce deuxième crédit lui permettant d’augmenter son fonds de commerce afin de mieux répondre aux attentes de ses clients.
Avec ce deuxième prêt il compte acheter, 25 sacs de mil, 35 sacs de maïs et 25 sacs de riz.
Avec ce prêt, il envisage réaliser un bénéfice mensuel de 180 000 FCFA. Avec ces bénéfices réalisés, il compte résoudre l’essentielle de ses dépenses, celles de sa famille, payer les intérêts de son prêt et investir le reste dans son activité principale.

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
  • 43
    View loans »
    Mali Loans Fundraising
  • $10,780,200
    Funds lent in using Kiva
  • 507.6
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Yamoussa to buy stocks of grains.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Mar 29, 2013
Listed
Apr 5, 2013
Currency Exchange Loss:
Possible
Ended:
Jan 17, 2014