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Amidou
Born around 1980 in Diendio, a village in the rural town of Kadiana (a subprefecture in Mali's third administrative region), Amidou continues to reside in Diendio with his wife and three children as a traditional family unit. Amidou quickly became interested in money-making businesses, notably the buying and selling of cattle. He is highly sought-after at the market in Kadiana, especially during festival days. With his nine years of solid experience within this field, he collaborates with Soro Yiriwaso to increase his business funds in order to satisfy his ever-expanding list of customers. This will be his second loan, after having fully paid off the first.

Amidou plans to use this loan to buy cattle. He supplies cattle farmers in neighboring villages. He accepts payments cash-in-hand, yet sometimes with credit, at the marketplace where the majority of his customers are male. Amidou hopes to see a monthly profit of 150,000 CFA, which will be used to provide for his family, pay back the loan and reinvest in his business.
View original language description ↓
Né vers 1980 à Diendio, un des villages de la commune rurale de Kadiana (troisième région administrative de la république), Amidou réside dans son village natale avec ses 3 enfants et sa femme dans une famille traditionnelle.
Mr Amidou s’est vite intéressé aux activités génératrices de revenus notamment à l’achat vente des bœufs. Il est très sollicité au marché de Kadiana et surtout les jours de foire.
Fort de ses 9 années d’expériences dans le domaine, il collabore avec Soro Yiriwaso pour augmenter son fonds de commerce afin de satisfaire sa clientèle qui ne cesse de grandir et est à son deuxième prêt, après avoir remboursé le prêt précédent.
Amidou compte utiliser son prêt pour acheter des bœufs. Il s’approvisionne chez les éleveurs dans les villages avoisinants. Il effectue ses ventes au comptant et quelques fois à crédit au marché essentiellement à des hommes.
Amidou espère réaliser un bénéfice mensuel de 150.000FCFA qui sera utilisé pour subvenir aux besoins de la famille, rembourser le prêt et réinvestir dans les activités.

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
  • 11
    View loans »
    Mali Loans Fundraising
  • $10,177,025
    Funds lent in using Kiva
  • 491.3
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,025 helped Amidou to buy cattle.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Aug 30, 2013
Listed
Sep 24, 2013
Currency Exchange Loss:
Possible
Ended:
Feb 17, 2014