Check out other loans that are currently fundraising!
Souleymane
Mr. Souleymane is 33 years old and lives with his wife and child in a traditional family in N’tentou, in the subprefecture of Oulessebougo, Koulikoro region.
Souleymane is a teacher; in addition, he also earns income in other ways, such as buying and reselling small lovestock. He has learned this trade from his maternal uncle, who used to be a well-known vendor of small livestock (sheep and goats).

With the goal of meeting the growing customer demand, he has decided to collaborate with Soro Yiriwaso and is now on his first individual loan intended for buying 10 sheep and five goats from farmers in the nearby villages on market days. He will then resell to diverse wholesalers coming from big cities, for cash. He hopes to earn an average monthly income of 80,000 West African francs, which will be used to repay the loan and reinvest in his business.
View original language description ↓
Monsieur SOULEYMANE est âgé de 33 ans et vit avec son enfant et son épouse dans une famille traditionnelle à N’TENTOU, dans la sous préfecture Ouelessebougou, Région de Koulikoro.
Souleymane est enseignant de profession et en plus, mène des activités génératrices de revenus notamment l’achat vente des petits ruminants. Il a appris cette activité auprès de son oncle maternel, qui fut jadis un grand commerçant de petits ruminants (moutons et chèvres).
Dans le souci de satisfaire sa clientèle en nette croissance, il décide de collaborer avec Soro Yiriwaso, avec qui, il est à son premier prêt individuel qui servira à acheter, 10 moutons et 5 chèvres auprès des éleveurs des villages environs les jours de foires qu’il revendra aux grossistes venants des grandes villes au comptant à une clientèle mixte.
Il espère réaliser un bénéfice moyen mensuel de 80.000 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
  • 13
    View loans »
    Mali Loans Fundraising
  • $10,188,875
    Funds lent in using Kiva
  • 505.6
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Souleymane to buy sheep and goats.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 29, 2013
Listed
May 13, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 18, 2014