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Moussa
Mr. Moussa, age 33, is married with 3 children. He lives with his wife and children in the district of Torakabougou, in Bougouni. He attended school up to the secondary level then quit to begin income-generating activities such as the sale of shop products, which he learned from his uncle.

With 7 years of experience, he has a good command of his activity. His shop is located in Bougouni, in the district of Torakabougou where he lives.

To strengthen his activity, he is seeking a new loan from Soro Yiriwaso to buy 2 bags of sugar, 3 cartons of cigarettes, 50 packets of candy and 3 cartons of tea. This is his 3rd loan cycle with the MFI, and both past loans were repaid without incident.

He buys his stock in Bamako, the capital of the Republic of Mali, and sometimes in Bougouni. His clientele consists of locals.

He expects to earn a monthly profit of 60,000 FCFA, which he will use to support himself, to pay the loan interest and to expand his shop.
Monsieur Moussa est homme marié de 33 ans et père de 3 enfants. Il vit avec sa femme et ses enfants dans le quartier Torakabougou de Bougouni.
Il abandonne les études au secondaire, au profit des activités génératrices de revenus notamment la vente d’articles de boutique apprise auprès de son oncle.
Avec une expérience de 7 ans, il maîtrise son activité. Sa boutique est située à Bougouni dans le quartier Torakabougou.
Pour renforcer son activité, il décide de prendre un nouveau prêt avec Soro Yiriwaso pour acheter 2 sacs du sucre, 3 cartons de cigarettes, 50 sachets de bonbon et 3 cartons du thé. Il est à son 3ème prêt et tous les 2 autres prêts ont été bien remboursés.
Il s’approvisionne à Bamako Capitale de République du Mali et parfois à Bougouni. Sa clientèle est composée de la population locale.
Il compte réaliser un bénéfice mensuel de 60 000 FCFA. Avec ce bénéfice il subviendra à ses besoins, payer les intérêts du prêts et agrandir sa boutique.

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
  • 34
    View loans »
    Mali Loans Fundraising
  • $10,282,350
    Funds lent in using Kiva
  • 487.0
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $825 helped Moussa to buy merchandise for his shop.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Nov 13, 2013
Listed
Nov 20, 2013
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2014