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Diakalia
Mr.Diakalia is 35-years old and lives with his spouse in the sub-prefecture of Ouelessebougou in the Koulikoro region of Mali. Diakalia did not have the chance to attend school. At a very early age, he became interested in income-generating activities, especially the manufacture and sale of poultry feed. He learned this business from his maternal uncle, who was once a rancher and merchant of poultry feed. In order to satisfy his growing customer base, Diakalia decided to collaborate with Soro Yiriwaso. He is on his first individual loan that will enable him to buy the products necessary to manufacture himself poultry feed and to resell it retail in Ouelessebougou and neighboring villages for cash and credit to a mix of customers. Diakalia hopes to earn an average monthly profit of 40,000 FCFA, part of which will be used to repay the loan and the remainder will be reinvested in the business.
View original language description ↓
Monsieur DIAKALIA est âgé de 35 ans et vit avec son épouse dans la sous préfecture de Ouelessebougou, Région de Koulikoro.
DIAKALIA n’a pas eu la chance d’aller à l’école. Très tôt il s’intéressa aux activités génératrices de revenus notamment à la fabrication et à l’achat vente et d’aliments volailles. Il a appris cette activité auprès de son oncle maternel, qui fut jadis un grand éleveur et commerçant d’aliments volailles.
Dans le souci de satisfaire sa clientèle en nette croissance, il décide de collaborer avec Soro Yiriwaso. Il est à son premier prêt individuel qui servira à acheter des produits lui-permettant lui même de fabriquer l’aliment volaille et de le revend en détail à OUELESSEBOUGOU et village environnant à crédit et au comptant a une clientèle mixte.
DIAKALIA espère réaliser un bénéfice moyen mensuel de 40.000. FCFA qui sera utilisé pour rembourser le prêt et être réinvestir le reste dans les activités.

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
  • 7
    View loans »
    Mali Loans Fundraising
  • $9,897,325
    Funds lent in using Kiva
  • 501.6
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $300 helped Diakalia to buy ingredients for the manufacture of animal feed.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 10, 2013
Listed
Apr 16, 2013
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2013