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Alou
Alou is 30 years old, has a wife, and is the father of 4 children. He lives with his family in the city of Koutiala (in the Sikasso region.) He is a teacher in a private school in Koutiala, and in addition to this work, he runs the businesses of owning a small shop that sells various items, and operating a bakery. These businesses earn him a fair amount of revenue and the demand for him is quite large, as he receives many customers every day.

In order to meet the needs of his customers and to grow his business, Alou turned to the microfinance organization Soro Yiriwaso, with whom he is on his third loan. He will use this loan to acquire a large stock of wheat flour. He stocks up in Bamako and often in Koutiala. Alou hopes to earn a monthly profit of 90,000 francs CFA, which he will use to repay the interest to Soro, meet the needs of his family, and reinvest the remainder in his business.
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Agé de 30 ans, il a une épouse, est père de 4 enfants et est domicilié avec sa famille dans la ville de Koutiala (Région de Sikasso).
Mr Alou est enseignant dans une école privée à Koutiala, et en plus de cette activité, il mène des activités de commerce, il est propriétaire d’une boutique de divers et d’une boulangerie. Ces activités lui procurent assez de revenus et sa demande est très grande, car il reçoit beaucoup de clients par jour. Pour la bonne satisfaction de sa clientèle et l’agrandissement de son activité, Alou a fait recours à l’institution de micro finance Soro Yiriwaso, avec qui il est à son 3ème prêt individuel. Ce prêt sera utilisé pour l’acquisition d’un grand stock de farine de blé. Il s’approvisionne à Bamako et souvent à Koutiala. Monsieur Alou espère réaliser un bénéfice mensuel de 90.000 FCFA, qu’il utilisera pour le remboursement des intérêts de Soro, satisfaire aux besoins 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

  • $1,100
    Average annual income
  • 27
    View loans »
    Mali Loans Fundraising
  • $11,465,250
    Funds lent in using Kiva
  • 491.3
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD