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Fassery Coulibaly
A native of Bougouni, Mister Fassery is a 41 year old married man and father to 3 children. He lives with his wives and his children at the home of his father-in-law in Bougouni in the Niebala neighborhood.

Mister Fassery soon left school to become a driver's apprentice. Ten years later he got his driver's license. He drives shopkeepers to the different weekly markets. In this way he also became interested in income generating businesses notably buying and selling cereals. He learned this business from the shopkeepers.

With more than 5 years experience, he is skilled in his business.

After much reflection, he decided to join Soro Yiriwaso to buy 20 bags of corn and 10 bags of millet.

He gets his supplies in Bougouni and in the surrounding villages but also in Wassoulou to then resell at the Bougouni market and in Yanfolila. His clients are mostly shopkeepers. He is on his third loan with Soro Yiriwaso. Both preceding loans were correctly repaid.

With this loan he envisions making a monthly profit of 70,000 FCFA. It's with these profits that he envisions meeting his expenses, paying the interest of the loan and expanding his business.
View original language description ↓
Natif de Bougouni, Monsieur Fassery est un homme marié de 41 et père de 3 enfants. Il réside avec ses femmes et ses enfants chez son feu père à Bougouni dans le quartier Niebala.
Monsieur Fassery a vite abandonné l’école pour devenir un apprenti chauffeur. Dix années plus tard il obtient son permis de conduire. Ce qui fait qu’il transporte les commerçants pour les différents marchés hebdomadaires. C’est comme ça qu’il c’est lui aussi s’intéressé aux activités génératrice de revenus notamment l’achat et la vente de céréales. Il a appris cette activité auprès des commerçants.
Avec une expérience de plus de 5 années, il maîtrise son activité.
Après une longue réflexion, il décide de rejoindre Soro Yiriwaso pour acheter 20 sacs de maïs et 10 sacs de petit mil.
Il s’approvisionne à Bougouni et dans les villages environnants mais aussi dans le Wassoulou pour ensuite les revendre dans le marché de Bougouni et une partie à Yanfolila ses clients son surtout les commerçants. Il est à son troisième prêt avec Soro Yiriwaso. Tous les 2 prêts précédents ont été correctement remboursés
Avec ce prêt il envisage réaliser un bénéfice mensuel de 70 000 FCFA. C’est avec ses bénéfices qu’il envisage subvenir à ses dépenses, payer les intérêts du prêt et a agrandir son entreprise..

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
  • $10,710,275
    Funds lent in using Kiva
  • 491.4
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,025 helped Fassery Coulibaly to buy cereals.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Aug 15, 2013
Listed
Aug 21, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2014