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Kongossigue Dit Yacouba
A native of Cercle de Bla, Région de Ségou, Mr. Kongossigue is 37 years old and a father of four. He lives in a polygamous family with his two wives and his children in the Hérémakono Nord district of Bougouni. Not having attended school, he used to be a farmer with his father in the village. A few years later, he decided to leave the village for Bougouni to learn about commerce from his uncle, especially about selling various shop goods, With four years of experience, he has a mastery of this business.

Familiar with the microfinance institution Soro Yiriwaso through one of its representatives, he decided to join the loan program and is now on his fourth loan. He has correctly repaid the three previous ones.

With this new loan, he intends to purchase 5 sacks of sugar, 10 boxes of tea, 8 boxes of cigarettes, and 9 boxes of soap. His store is located in Niebala, a district in Bougouni. He gets his supplies from Bamako, capital of the Republic of Mali. His customer base is composed of the local people.

With this loan, Mr. Kongossigue plans on making a monthly profit of 85,000 francs CFA that will be used to pay the loan interest, to ensure his family expenses are covered, and to expand his store.
View original language description ↓
Natif du cercle de Bla, Région de Ségou, Monsieur Kongossigue est âgé de 37 ans et père de 4 enfants. Il vit dans une famille polygame avec ses 2 femmes et ses enfants dans le quartier Hérémakono Nord de Bougouni.
N’ayant pas fréquenté le système scolaire, il ne faisait que l’agriculture auprès de son père au village. Quelques années plus tard il décida de quitter le village pour Bougouni afin d’apprendre le commerce notamment la vente des articles divers de boutique, auprès de son oncle. Avec 4 années d’expérience, il maitrise bien cette activité. Ayant fait la connaissance de Soro Yiriwaso à travers un agent de l’institution, il décida d’intégrer le programme crédit avec qui il est à son quatrième prêt, après avoir correctement remboursés les trois précédents.
Il compte acheter avec ce nouveau prêt, 5 sacs du sucre, 10 cartons de thé, 8 cartons de cigarettes et 9 cartons de savons. Sa boutique est située à Niebala un des quartiers de Bougouni. Il s’approvisionne à Bamako capitale de la république du Mali et parfois à Bougouni. Sa clientèle est composée de la population locale. Avec ce prêt, Monsieur Kongossigue compte réaliser un bénéfice mensuel de 85 000 FCFA qui sera utilisé pour payer les intérêts du prêts, assurer les dépenses de sa famille et à agrandir sa boutique.

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

  • $1,100
    Average annual income
  • 30
    View loans »
    Mali Loans Fundraising
  • $11,463,475
    Funds lent in using Kiva
  • 501.8
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Kongossigue Dit Yacouba to purchase various goods, such as sugar, cigarettes, and tea, for his store.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Jun 27, 2013
Listed
Jun 28, 2013
Currency Exchange Loss:
Possible
Ended:
Jul 18, 2014