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Dramane
Mr. Dramane, aged 36, is married and a father of three. He resides with his wife and their children in a large traditional family in Wayerma I, a working-class district in Sikasso City (3rd administrative region of the Republic of Mali). After having run many businesses without success, Mr. Dramane became familiar with the buying and selling of white damask cloth, caustic soda, dyes, etc. about four years ago. He runs his business in Wayerma I, where he has a shop. He is much in demand by his customers for the quality of his products.

Concerned about satisfying his burgeoning customer base, he decided to join the microfinance institution Soro Yiriwaso three years ago. He is on his sixth individual loan, and the previous loans were all correctly repaid.

This new loan will enable him to purchase 35 packets of caustic soda, 25 lengths of damask, 15 bags of potash, and 15 containers of dyes of different colors. His merchandise is purchased in Bamako and then resold to a customer base composed generally of women dye specialists in Sikasso.

With the current loan, he envisions making a monthly profit of 100,000 francs CFA that will be used to help cover family expenses and to pay back the loan with interest. The rest will be invested in his business.
View original language description ↓
Agé de plus de 36 ans, Monsieur Dramane est marié et père de 3 enfants. Il réside avec son épouse et leurs enfants dans une grande famille traditionnelle à Wayerma I, un des quartiers populaires de la ville de Sikasso ( troisième région administrative de la république du Mali).
Monsieur Dramane après avoir mené beaucoup d’activité sans succès, s’est initié il y a environ quatre année aux activités d’achat et de vente des bazins blancs, soude caustique, teintures, etc. Il mène son activité à Wayerma I où il dispose d’une boutique. Monsieur Dramane est beaucoup sollicité de sa clientèle pour la qualité de ses produits. Dans le souci de mieux satisfaire sa clientèle de plus en plus croissante, il décida d’intégrer l’institution de microfinance Soro Yiriwaso il y’a trois années. Il est à son sixième prêt individuel et tous les prêts précédents ont été correctement remboursés.
Ce nouveau prêt lui permettra d’acheter 35 paquets de soude caustique, 25 pièces de bazin, 15 sacs de potasse et 15 boîtes de teinture de couleurs différentes. Ses marchandises sont achetées à Bamako pour ensuite les revendre à une clientèle composée généralement des femmes teinturières de Sikasso.
Il envisage réaliser avec ce présent prêt un bénéfice mensuel de 100 000 FCFA qui sera utilisé pour contribuer aux dépenses familiales, payer les intérêts de son prêt et investir 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
  • 36
    View loans »
    Mali Loans Fundraising
  • $10,710,275
    Funds lent in using Kiva
  • 494.3
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,025 helped Dramane to purchase white damask cloth, caustic soda, dyes, and potash to sell to artisans.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 12, 2013
Listed
Jun 24, 2013
Currency Exchange Loss:
Possible
Ended:
May 17, 2014