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Moussa
Born around 1977 in Banasso (Fourou district), MOUSSA resides in Kadiana with his wife and children in a nuclear family. He quickly became interested in revenue-generating businesses, especially in the buying and selling of various goods. He is much in demand at the Kadiana market and particularly on market days.

With a good eight years of experience in this domain, he is collaborating with the microfinance institution Soro Yiriwaso to increase his capital in order to satisfy his ever-growing customer base. He is on his fourth individual loan after having repaid the previous ones.

MOUSSA intends to use his loan to purchase batteries, sugar, cigarettes, tea, and canned foods. He gets his supplies from Bamako wholesalers. Accepting cash and sometimes credit, he makes his sales at the market. MOUSSA hopes to make a monthly profit of 100,000 francs CFA that will be used to meet family needs, pay back the loan, and reinvest in his business.
View original language description ↓
Né vers1977 à Banasso (arrondissement de Fourou), MOUSSA réside à Kadiana avec sa femme et ses enfants dans une famille nucléaire.
Mr MOUSSA s’est vite intéressé aux activités génératrices de revenus notamment à l’achat vente d’articles divers. il est très sollicité au marché de Kadiana et surtout les jours de foire.
Fort de ses 8 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 quatrième prêt, après avoir remboursé les prêts précédents.
MOUSSA compte utiliser son prêt pour acheter des pile, sucre, cigarettes, thé et conserves. Il s’approvisionne chez les grossistes de Bamako et effectue ses ventes au comptant et quelques fois à crédit au marché.
MOUSSA espère réaliser un bénéfice mensuel de 100.000FCFA 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.

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About Mali

  • $1,200
    Average annual income
  • 8
    View loans »
    Mali Loans Fundraising
  • $10,386,300
    Funds lent in using Kiva
  • 487.9
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,025 helped Moussa to purchase a variety of goods to resell.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Oct 21, 2013
Listed
Nov 19, 2013
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2014