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Barou is 25 years old and the father of one child. He lives with his wife and child in a large traditional family in the Torakabougou neighborhood of the city of Bougouni. Since he didn't go to school, he quickly got involved in income-generating activities, after spending a few years working as a shepherd alongside his father, in his village.

He then decided to buy and sell grocery products, a business he learned from his uncle.

Looking for additional financial resources, Barou decided to join the loan program offered by Soro Yiriwaso. This is his first loan, which he will use to buy five bags of sugar, six boxes of tea, eight boxes of cigarettes, eight boxes of soap, two boxes of powdered milk sachets and one box of candy. He will resell all these goods in his shop.

Barou stocks up in Bamako (capital city of the republic of Mali) and sometimes in Bougouni. He buys his supplies from wholesalers and resells for cash and on credit to a retail customer base consisting of men and women.

Thanks to this loan, Barou is expecting to make a monthly profit of 45,000 CFA francs, which will be used to repay his loan and to contribute to his family's expenses.
View original language description ↓
Monsieur Barou est âgé de 25 ans et est père d’un enfant. Il vit avec sa femme et son enfant dans une famille traditionnelle dans le quartier Torakabougou de la ville de Bougouni. N’ayant pas fréquenté le système scolaire, Barou s’intéressa vite aux activités génératrices de revenus, après quelques années d’activités de berger auprès de son père au village.
Il opta pour l’achat vente des articles de boutique apprise auprès de son oncle.
Dans ses recherches de ressources financières complémentaires, Barou décide d’adhérer au programme crédit de Soro Yiriwaso avec qui il est à son premier prêt. Il compte acheter son son prêt, 5 sacs du sucre, 6 cartons de thé, 8 cartons de cigarettes, 8 cartons de savons, 2 cartons de sachets de lait en poudre et 1 carton de bonbon pour sa boutique. Il s’approvisionne à Bamako (capitale de la république du Mali) et parfois à Bougouni; auprès des grossistes et effectue ses vente en détail au comptant et à crédit à une clientèle composée d’hommes et de femmes. Avec ce prêt, Barou espère réaliser un bénéfice mensuel de 45 000 FCFA qui sera utilisé pour rembourser le prêt et contribuer aux dépenses de la famille.

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
  • 497.8
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD