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Mr Soumaila is a married 36 year old man and the father of one child, who lives with this wife and child in his father's house in Bougouni. After attending Koranic school, Soumaila dedided to move to Libya in search of a better life. His dreams were never realized, and he returned to his country and was taught by his uncle how to buy and sell animals such as ox, sheep, goats, etc. He decided to join Soro Yiriwaso in order to reinforce his purchasing power, and is currently asking for his third loan, after having successfuly reimbursed the previous two. This loan will allow him to purchase three ox. He stocks up on animals around Bougouni and sells them either from his home or at the city's cattle market. His clients are mostly butchers. He hopes this loan will allow him to gain a monthly profit of 70 000 FCFA (approximately 140 USD) which he will use to cover his family's expenses and reinvest in his commercial activity.
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Monsieur Soumaila est un homme marié de 36 ans et père de 1 enfant qui vit avec sa femme et son enfant, chez son père à Bougouni, dans le
Après l’école coranique, Soumaila décida de partir en Libye à la recherche d’une vie meilleure. Ses rêves n’ont pas été réalisés, alors il retourner au pays précisément à Bougouni, où auprès de son oncle, il décide d’apprendre le commerce d’animaux boeufs, moutons, chèvres, etc.
Dans le but de renforcer son pouvoir d’achat, il décide de rejoindre Soro Yiriwaso avec qui il est à son 3 eme prêt, après avoir correctement remboursé les deux prêts précédents.
Ce nouveau prêt sera utiliser pour acheter 3 boeufs. Il s’approvisionne à Bougouni et environs et la vente se fait à la maison et au marché à bétail de Bougouni. Ses clients sont pour la plus part des bouchers.
Avec ce prêt, il compte réaliser un bénéfice mensuel de 70.000 FCFA qui servira à contribuer dans les dépenses de la famille et réinvestir 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
  • 147
    View loans »
    Mali Loans Fundraising
  • $11,272,850
    Funds lent in using Kiva
  • 497.8
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,025 helped Soumaila purchase ox.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Apr 25, 2013
May 3, 2013
Currency Exchange Loss:
May 17, 2014