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Yacouba
Mr. Yacouba is 50 years old, married, and the father of five. He resides with his wife and his children in a large traditional extended family in Wayerema Zone, a suburb of Sikasso City (3rd administrative region of the Republic of Mali). After having run many businesses unsuccessfully, Mr. Yacouba became familiar with the business of sewing about 24 years ago. His sewing workshop is found in Wayerema Zone, where he already has six machines, that is, three for embroidering and three basic ones. He is much in demand by his customers for the quality of his services.

Concerned about better satisfying his burgeoning customer base, he decided to join the microfinance institution Soro Yiriwaso a few years ago. He is requesting this third individual loan to enable him to purchase an embroidering machine, two basic machines, and some fabrics to sew and then resell in order to meet ever-growing customer demands.

With this loan, he envisions making a monthly profit of 95,000 francs CFA that will be used to help cover family expenses, pay back the loan interest, and invest the remainder in his business.
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Monsieur Yacouba est âgée de 50 ans, mariée et père de 5 enfants, il réside avec son épouse et ses enfants dans une grande famille traditionnelle élargie à Wayerema Zone, un des quartiers périphériques de la ville de Sikasso ( troisième région administrative de la république du Mali).
Monsieur Yacouba après avoir mené beaucoup d’activités sans succès, s’est initié à cette activité de couture il y’ a 24 années. Son atelier de couture se trouve à Wayerema Zone où il dispose déjà de 6 machines dont 3 machines de broderie et 3 machines simples. Monsieur Yacouba est beaucoup sollicité de sa clientèle pour la qualité de ses services. Dans le souci de mieux satisfaire sa clientèle de plus en plus croissante, il décida d’intégrer l’institution de microfinance Soro Yiriwaso environs quelques années. Il sollicite ce troisième prêt individuel qui lui permettra d’acheter 1 machine de broderie, 2 machines simples et des tissus pour en coudre et ensuite les revendre afin de mieux répondre aux attentes de sa clientèle qui ne cesse d’augmenter.
Elle envisage réaliser avec ce prêt un bénéfice mensuel de 95 000 FCFA qui sera utilisé pour contribuer aux dépenses familiales, payer les intérêts de son prêt 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.

About Mali

  • $1,100
    Average annual income
  • 27
    View loans »
    Mali Loans Fundraising
  • $11,465,250
    Funds lent in using Kiva
  • 486.1
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD