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Drissa
DRISSA is 40 years old and lives with his seven children and wives in the sub-prefecture of Ouelessebougou, in Région de Koulikoro. DRISSA did not have the chance to go to school. Early on, he became interested in revenue-generating businesses, especially in the buying, stocking, and selling of grains. He learned this business from his maternal uncle, who used to be a major merchant of grains.

Concerned about satisfying his clearly growing customer base, he decided to collaborate with the microfinance institution Soro Yiriwaso. After having correctly repaid the third loan, he is on his fourth individual loan, which will be used to purchase 5 tonnes of grains from peasant producers in and around DONGORONA that he will keep for at least three months. He essentially sells in bulk to a customer base composed of retailers from the big cities, such as Bamako, OUELESSEBOUGOU.

DRISSA hopes to make an average monthly profit of 90,000 francs CFA that will be used to pay back the loan and to reinvest the rest in his business.
View original language description ↓
DRISSA est âgé de 40 ans et vit avec ses sept enfants et ses épouses dans la sous préfecture de OUELESSEBOUGOU, Région de KOULIKORO.
DRISSA n’a pas eu la chance d’aller à l’école. Très tôt il s’intéressa aux activités génératrices de revenus notamment à l’achat stockage vente de céréales. Elle a appris cette activité auprès de son oncle maternel, qui fut jadis un grand commerçant de céréales.
Dans le souci de satisfaire sa clientèle en nette croissance, elle décida de collaborer avec Soro Yiriwaso. Après avoir correctement remboursé le troisième prêt il est à son quatrième prêt individuel qui servira à acheter, 5 tonnes de céréales auprès des paysans producteurs de DONGORONAN et environnants qu’elle gardera pendant au moins 3 mois. Il vend essentiellement en gros à une clientèle constituée de revendeurs venant des grandes villes telles Bamako, OUELESSEBOUGOU.
DRISSA espère réaliser un bénéfice moyen mensuel de 90 000 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
  • 40
    View loans »
    Mali Loans Fundraising
  • $10,748,325
    Funds lent in using Kiva
  • 503.0
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $800 helped Drissa to purchase grains.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Apr 30, 2013
Listed
May 11, 2013
Currency Exchange Loss:
Possible
Ended:
Feb 17, 2014