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Brehima
Brehima is 41 years old, is married, has six children, and lives with a polygamous family in the town of Koutiala with his family. Brehima stopped school early in order to work like his brothers. After having pursued several business activities without success, Brehima finally went into the buying and selling of smoked fish, [which he has been doing] for 13 years.

In order to increase his business capital and to expand his selling capacity, Brehima decided to join the micro-finance institution Soro Yiriwaso four years ago. This is his seventh individual loan, and his previous loans have all been repaid correctly.

He plans to buy 15 baskets of smoked fish in Korientze (Mopti region) from the Bozo and Somono fishers. He will make his sales at a fish market to a mixed clientele for cash or credit.

With this loan, he hopes to earn 120,000 francs CFA each month, which he will use to pay back his loan to Soro Yiriwaso, support the needs of his family, and reinvest in his business.
View original language description ↓
Mr Brehima est âgé de 41 ans, 6 enfants, marié et vit dans une famille polygame dans la ville de Koutiala avec sa famille.
Mr Brehima a prématurément abandonné l’école pour s’intéressa aux activités génératrices de revenus depuis son enfance auprès de ses frères. Après avoir mené plusieurs activités sans réussite, s’est finalement basé sur l’achat-vente de poissons fumés il y a 13 ans. Pour pouvoir augmenter son fonds de commerce et renforcer sa capacité de vente, il décida de rejoindre l‘institution de micro finance Soro Yiriwaso depuis 4 ans. Il est à son 7ème prêt individuel et les précédents ont été bien remboursés. Il compte acheter 15 paniers de poissons fumés à Korientzé (Région de Mopti) auprès des pêcheurs d’ethnie Bozo et Somonô et effectue sa vente au marché poisson à une clientèle mixte au comptant ou à crédit.
Avec ce financement il compte réaliser un profit de 120.000FCFA par mois qu’il utilisera pour le remboursement des intérêts de Soro Yiriwaso, satisfaire les 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.

About Mali

  • $1,200
    Average annual income
  • 30
    View loans »
    Mali Loans Fundraising
  • $10,282,350
    Funds lent in using Kiva
  • 485.5
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,050 helped Brehima to buy smoked fish.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Nov 6, 2013
Listed
Nov 17, 2013
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2014