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Moussa
At 64 years old, Moussa is married to four wives and is the father to eight children. He lives in Koutiala with his family. Moussa has been the owner and manager of a store that sells therapeutic products made from plants for several years. In the need to satisfy the needs of his growing clientele, he decided to seek the help of microfinance institution Soro Yiriwaso, with whom he is on his second loan, which will be used to buy plants with which to make therapeutic products. He sells at retail for cash to a mixed clientele. Mr. Moussa forsees making a monthly profit of 100,000 FCFA, which will be used to repay his loan and pay for the needs of his family, and the rest will be invested in his business.
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Âgé de 64 ans, Moussa est marié à 4 femmes et est père de 8 enfants. Il vit à Koutiala avec sa famille.
Moussa est propriétaire et gérant d’un dépôt de vente de produits thérapeutiques à base de plantes, depuis plusieurs ans.
Dans le souci de satisfaire les besoins de sa clientèle de plus en plus nombreuse, il décide de faire recours à l’institution de micro finance Soro Yiriwaso, avec qui il est à son 2ème prêt, qui sera utilisé pour l’achat des plantes pour la fabrication des produits thérapeutiques. Il effectue sa vente en détail au comptant, à une clientèle mixte.
Mr envisage réaliser un bénéfice mensuel de 100.000 FCFA qui sera utilisé pour rembourser le prêt, subvenir aux dépenses de sa famille et investir le reste dans son activité.

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.

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About Mali

  • $1,200
    Average annual income
  • 17
    View loans »
    Mali Loans Fundraising
  • $10,308,425
    Funds lent in using Kiva
  • 490.6
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Moussa to buy plants.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 13, 2013
Listed
Aug 29, 2013
Currency Exchange Loss:
Possible
Ended:
May 17, 2014