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Youssouf
Born around 1981 in Kai, Youssouf is a married man, father of four children, who lives with his family in Loulouni, a sub-prefecture of Sikasso (third region of the Republic of Mali).

For the past six years, Youssouf's business activity has been welding metal constructions and selling doors, windows, and chairs. He enjoys a strong reputation in this business and receives many orders, but his resources do not enable him to satisfy them.

Thus he decided to collaborate with Soro Yiriwaso. He is on his fifth loan, and previous loans have been repaid.

He intends to use the loan to buy metal sheets, welding rods and iron bars. They will be used for his welding services and to manufacture the doors, windows and chairs he will offer for sale.

He expects to make a monthly profit of 115,000 CFA francs that will be used to help with family expenses, pay the interest on the loan and invest the rest in his activity.
View original language description ↓
Né vers 1981 à Kaï, Youssouf est un homme marié et père de quatre enfants, qui vit avec sa famille à Loulouni ville, une des sous préfecture de la Sikasso (troisième région de la république du Mali).
Youssouf mène une activité de construction métalliques avec la soudure et vente de portes + fenêtres + chaises, il y a environ six années. Il jouit d’une forte réputation dans cette activité et reçoit beaucoup de commandes, mais ses ressources ne peuvent pas lui permettre de les satisfaire. C’est ainsi, qu’il décida de collaborer avec Soro Yiriwaso. Il est à son 5ème prêt , les prêts antérieurs ont été correctement remboursés.
Il compte acheter avec son prêt des feuilles de tôles, des baguettes de soudures et des barres de fer, cela pour ses prestations et la fabrique des portes + fenêtres + chaises qui seront mises à la vente.
Il envisage réaliser un bénéfice mensuel de 115 000 francs CFA qui sera utiliser pour contribuer à celles de la famille, 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.

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About Mali

  • $1,100
    Average annual income
  • 30
    View loans »
    Mali Loans Fundraising
  • $11,391,925
    Funds lent in using Kiva
  • 481.7
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD