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Boubou
Boubou was born in around 1970. Married and the father of six children, he lives with his two wives in a traditional family in the Fana-coura district of the town of Fana - in the Koulikoro region of the Republic of Mali.
Boubou began buying and selling various objects about ten years ago. He is much sought after by his customers, due to the quality of his products. With the objective of meeting the demand from this growing and increasingly demanding customer base, he decided to collaborate with Soro Yiriwaso.
He is on his sixth loan, and all the previous five are fully repaid - often early. With this new loan, he intends to purchase a significant quantity of the following items: Telephone covers, watches, radios, batteries, glasses and pouches for mobile phones - all from wholesalers in Bamako.
His products are sold in Fana market from a stand at the side of the road. His customers are both male and female.
He plans to make a monthly profit of 140,000F CFA which he will use partly to cover family expenses, and the rest will be put back into the business.
View original language description ↓
Monsieur BOUBOU est né vers 1970, marié et père de six enfants, il vit dans une famille traditionnelle au quartier Fana-coura dans la ville de Fana, avec ses deux épouses, Région de Koulikoro République du Mali.
BOUBOU, s’est installé dans les activités d’achat et de vente des articles divers il y’a près d’une dizaine d’année. Il est très sollicité de sa clientèle pour la qualité de ses articles.
Dans le souci de satisfaire cette clientèle de plus en plus nombreuse et exigeante, il décide de collaborer avec Soro Yiriwaso. Il est à son sixième prêt et tous les cinq précédents se sont bien dénoués, souvent par anticipation.
Avec ce nouveau prêt, il compte acheter une quantité importante d’articles divers : façades de téléphones, montres, radio, piles, lunettes et pochettes pour téléphones avec les grossistes de Bamako. Ses marchandises sont vendues dans le marché de Fana dans un kiosque aux abords du goudron. La clientèle est composée de femmes et d’hommes.
Il compte réaliser un bénéfice de 140 000F CFA par mois qu’il utilisera pour les dépenses de la famille et le reste dans son activité.

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
  • 14
    View loans »
    Mali Loans Fundraising
  • $10,173,725
    Funds lent in using Kiva
  • 510.1
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Boubou to purchase various items for resale.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
May 15, 2013
Listed
May 29, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 16, 2014