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Soumana
Monsieur Soumana was born around 1979 in Maba where he still lives. He is a father of five and lives in a traditional family with his wife and children.
He has been involved in the purchase and sale of cereals and agricultural products for 6 years. He sources his goods from Dioïla and the surrounding areas. He delivers his products to Dioïla after having stocked them for several months. He is on his fourth loan and the third previous loans have all been repaid successfully. With this new loan he aims to purchase a tonne of millet and a tonne of corn which will be stored in his shop and sold when required. He retails his goods to a customer base of wholesalers and end consumers, from his store or the market. With this new loan he aims to generate an average monthly profit of 70,000 FCFA. This profit will be used to increase his purchasing power and meet his family's needs.
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Monsieur Soumana est né vers 1979 à Maba où il réside, père de 5 enfants il vit dans une famille traditionnelle avec son époux et ses enfants. .
Il mène des activités d’achat stockage vente de céréales et produits agricoles il y’a plus de 6 ans. Son approvisionnement en céréales se fait à Dioïla et environnants. Il livre ses produits à Dioïla après les avoir stocké pendant quelques mois. Il est à son quatrième prêt, et les trois précédents furent remboursés sans aucune difficulté. Avec ce nouveau prêt il compte acheter une tonne de mil, une tonne de maïs qui seront stockés dans son magasin et vendus au moment voulu. La vente se fait en détail à ses clients composés de revendeurs et de consommateurs, dans le magasin ou même au marché. Avec ce nouveau prêt, il compte réaliser un bénéfice mensuel moyen de 70.000FCFA. Ce bénéfice sera utilisé pour agrandir le pouvoir d’achat, et subvenir aux dépenses de la 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
  • 42
    View loans »
    Mali Loans Fundraising
  • $10,429,550
    Funds lent in using Kiva
  • 496.8
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Soumana to purchase cereals.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Jul 4, 2013
Listed
Jul 25, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 28, 2014