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Kalifa
Mr. Kalifa was born around 1972 in Lobougoula. A father of nine children, he lives with his wife and children in Lobougoula, a Commune in Sikasso (3rd administrative region of the Republic of Mali). He is collaborating with the microfinance institution Soro Yiriwaso to carry out his farm work during the rainy season. He is on his fourth loan with the institution. The past loans were indeed paid back.

The crop grown is corn. He intends to purchase the farm inputs and to pay for the plowing for maintaining 2 hectares.

After the harvest, the produce is sold at the village, at the Sikasso market, to a customer base composed of men and women. He plans on making an average profit of 350,000 francs CFA per planting. This profit will enable him to meet his family's day-to-day expenses.
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Mr Kalifa est né vers 1972 à Lobougoula. Père de 9 enfants il vit avec sa femme et ses enfants à Lobougoula un des commune de Sikasso 3ème région administrative de la république du Mali.
Il collabore avec l’institution de microfinance Soro Yiriwaso afin de mener à bien son activité agricole pendant l’hivernage.
Il est à son quatrième prêt avec l’institution, les prêts passés ont été bien remboursés.
La spéculation cultivée est le maïs, il compte acheter les intrants et payer les frais de labour pour entretenir 2 hectares.
La production est vendue au niveau du village, au marché de SIKASSO après la récolte à une clientèle composée d’hommes et de femmes.
Il compte réaliser un bénéfice moyen de 350 000 francs CFA par campagne.
Ce bénéfice lui permettra de prendre en charge les dépenses quotidiennes de sa 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

  • $1,200
    Average annual income
  • 38
    View loans »
    Mali Loans Fundraising
  • $10,748,325
    Funds lent in using Kiva
  • 491.1
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Kalifa to purchase farm inputs and to pay for plowing.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
May 25, 2013
Listed
Jun 20, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 17, 2014