Check out some available loans that are similar to this one!
Inzan
Born in December 1972 in Kolondièba (prefecture of the third administrative region of Mali), Inzan lives in Kolondièba town with his eight children and his wives in a traditional family unit.

Monsieur INZAN became interested early on in income-earning activities, notably, the sale of fuel and spare parts (for cars and motorcycles) which he has been doing for six years now. He has a good reputation and is sought after at the market and especially on fair days.

Inzan has been working together with Soro Yiriwaso to increase his working capital so that he can satisfy his ever-growing clientele. He is on his fourth loan after having correctly reimbursed the preceding ones.

Inzan intends to use his loan to buy five barrels of fuel. He buys his stock in Koumantou. He makes his sales for cash, retail, at his various sales locations to a clientele composed of men and women.

Inzan hopes to make a monthly profit of 95,000 F CFA which will be used to cover family expenses, reimburse the loan, and invest in his businesses.
View original language description ↓
Né en Décembre 1972 à Kolondièba (Préfecture de la 3ème Région administrative du Mali), INZAN réside à Kolondièba ville avec ses 8 enfants et ses femmes dans une famille traditionnelle.
Monsieur INZAN s’est vite intéressé aux activités génératrices de revenus notamment à l’achat vente de carburant et des pièces détachées (auto- moto) depuis maintenant 6 ans. Il est très apprécié et sollicité au marché et surtout les jours de foire.
INZAN collabore avec Soro Yiriwaso pour augmenter son fonds de commerce afin de satisfaire sa clientèle qui ne cesse de grandir et est à son quatrième prêt, après avoir correctement remboursé les précédents.
INZAN compte utiliser son prêt pour acheter 5 fûts de carburant. Il s’approvisionne à Koumantou. Il effectue ses ventes au comptant et en détail dans ses points de vente à une clientèle composée d’hommes et de femmes.
INZAN espère réaliser un bénéfice mensuel de 95.000FCFA qui sera utilisé pour subvenir aux besoins de la famille, rembourser le prêt et réinvestir 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.

Tags

About Mali

  • $1,200
    Average annual income
  • 15
    View loans »
    Mali Loans Fundraising
  • $10,173,725
    Funds lent in using Kiva
  • 495.0
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD
Expired
A loan of $1,025 helped Inzan to buy fuel.
Repayment Term
14 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
May 29, 2013
Listed
Jun 24, 2013
Currency Exchange Loss:
Possible
Expired:
Jul 24, 2013