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Yaya
Yaya is 31 years old and lives with his seven children and his wives in the sub-prefecture of Baguineda in the Koulilkoro region. He did not have the opportunity to go to school and at an early age became interested in income-generating activities, notably the purchase, stocking and sale of cereals.

With a view to satisfying his sharply increasing customer base, he decided to collaborate with Soro Yiriwaso. After repaying his first loan in full he is now on his second individual loan which will be used to buy five tons of cereals (corn, beans, millet, fonio) from farmers in Tiele, Bassian and the surrounding areas. He will keep the cereals for at least one month. He sells mainly on a wholesale basis to a customer base made up of retailers coming from large towns such as Bamako.

Yaya hopes to make an average monthly profit of 100,000FCFA which will be used to repay his loan and reinvest in his business.
View original language description ↓
YAYA est âgé de 31 ans et vit avec ses sept enfants et ses époux dans la sous préfecture de BAGUINEDA, Région de KOULIKORO.
YAYA n’a pas eu la chance d’aller à l’école. Très tôt il s’intéressa aux activités génératrices de revenus notamment à l’achat stockage vente de céréales.
Dans le souci de satisfaire sa clientèle en nette croissance, elle décida de collaborer avec Soro Yiriwaso. Après avoir correctement remboursé le premier prêt il est à son deuxième prêt individuel qui servira à acheter, 5 tonnes de céréales (maïs, haricot, mil, fonio) auprès des paysans producteurs de TIELE, BASSIAN et environnants qu’elle gardera pendant au moins 1 mois. Il vend essentiellement en gros à une clientèle constituée de revendeurs venant des grandes villes telles Bamako
YAYA espère réaliser un bénéfice moyen mensuel de 100. 000 FCFA qui sera utilisé pour rembourser le prêt et être réinvestir le reste 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

  • $1,100
    Average annual income
  • 27
    View loans »
    Mali Loans Fundraising
  • $11,465,250
    Funds lent in using Kiva
  • 481.7
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD