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Yaya
Yaya is a married man, 27 years old and the father of one child. He lives with his wife and child at his aunt's home in the Massable Coura neighborhood of Bougouni.

Without having received formal education, Yaya began working at an early age at income-generating activities, such as motorcycle repair, before finally settling on purchase and resale of spare parts. Now with 3 years of experience, he is much sought after and appreciated in Bougouni.

In order to meet his customers' needs and grow his business, Yaya is again joining with Soro Yiriwaso to purchase 10 "Djakarta" motorcycle tires, 15 bicycle tires, 10 "Djakarta" motorcycle batteries, two key rings, 10 air tubes and 10 pistons in Bamako. He is on his third loan with Soro Yiriwaso and both previous loans were fully repaid. With this loan, Yaya hopes to earn a monthly profit of 65,000 francs CFA. He plans to use this profit to grow his business, pay the loan interest, and build a home.
View original language description ↓
Monsieur Yaya est un homme marié de 27 ans et père de 1 enfant. Il vit avec sa femme et ses enfants chez sa tante dans le quartier Massabla coura de Bougouni.
N’ayant pas fait l’école moderne, très jeune il commença les activités génératrices de revenus telles la réparation des motos, mais fini par opter pour l’achat vente des pièces détachées.
Nanti de 3 années d’expériences, il est très sollicité et apprécié à Bougouni et afin de satisfaire sa clientèle en nette croissance, il rejoint Soro Yiriwaso pour acheter, 10 pneus de moto “Djakarta” 15 pneus pour bicyclette, 10 batteries pour moto “Djakarta” 2 trousseaux de clé, 10 chambres – à air et 10 pistons à Bamako. Il est à son troisième prêt avec Soro Yiriwaso et tous les 2 prêts précédents ont été correctement remboursé. Avec ce prêt, Yaya compte réaliser un bénéfice mensuel de 65 000 FCFA.
Il envisage avec ce bénéfice agrandir son entreprise, payer les intérêts et à construire sa maison.

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
  • 27
    View loans »
    Mali Loans Fundraising
  • $9,992,350
    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 Yaya to purchase spare parts.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Aug 15, 2013
Listed
Aug 21, 2013
Currency Exchange Loss:
Possible
Ended:
Jul 18, 2014