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Bakary
Bakary is 27 years old, married and the father of 2 children. He lives with his spouse in North Hérémakono, one of the neighborhoods of the town of Bougouni (the third administrative region in the republic of Mali.) After training in healthcare, Bakary quickly immersed himself into the purchase and sale of pharmaceutical products, which he has done now for over 10 years.

With so much experience in this industry, Bakary has established a solid reputation. He is on his first loan, which he will use to purchase 3 containers of anti-malaria medications, 2 containers of medications for respiratory ailments, 3 containers of antibiotics, and 10 liters of alcohol. Bakary procures his supplies mainly in Bamako (the capital of Mali.)

Bakary's sales are both in cash and credit in various health centers in the town of Bougouni and surrounding areas, and his customer base is widely varied. With this loan, he hopes to earn a monthly profit of 50,000 francs CFA. Once he has earned this profit, Bakary plans to provide for his family's expenses, to pay off the interest on his loan, and to invest the rest in his business.
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Monsieur Bakary est âgée de 27 ans, marié et père de 2 enfants. Il réside avec sa conjointe à Hérémakono Nord, un des quartiers de la ville de Bougouni (troisième région administrative de la république du Mali).
Après une formation en santé, Bakary s’est vite initié aux activités d’achat de vente de produits pharmaceutiques depuis plus de dix ans. Avec une telle expérience dans ce domaine, il jouit d’une forte réputation. Il est à son premier prêt qui sera utiliser pour acheter 3 cartons de produits contre le paludisme, 2 cartons de produits contre les maladies respiratoires, 3 cartons d'antibiotiques et 10 litres d’alcool.
Sa lieu d’approvisionnement principale est Bamako (capitale du Mali). Il effectue ses ventes en détail à crédit et au comptant dans les différents centre de santé de la ville de Bougouni et environnant sa clientèle est mixte. Avec ce prêt, il envisage réaliser un bénéfice mensuel de 50.000 FCFA. Avec ce bénéfice réalisé, il compte résoudre ses dépenses de la famille et 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

  • $1,100
    Average annual income
  • 39
    View loans »
    Mali Loans Fundraising
  • $11,450,100
    Funds lent in using Kiva
  • 505.0
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD