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Moussa
Born around 1984, Moussa lives in Kadiana in the 3rd administrative region of Mali, where he was born and raised, with his wife and one child in a traditional family. Moussa quickly became interested in income-generating activities, notably the purchase and resale of phones and accessories, as well as solar panels, fans, etc. He is well sought-after in Kadiana, especially on market days.

With three years of experience in this trade, Moussa is collaborating with Soro Yiriwaso to increase his working capital so that he can better satisfy his growing customer base. This is his first individual loan. Moussa will use this loan to buy phones and accessories, solar panels and fans. He buys from wholesalers in Bamako and makes his sales in cash and sometimes on credit at the market. Moussa hopes to make a monthly profit of 150,000 FCFA, which he will use to support his family, repay the loan, and reinvest in his business.
View original language description ↓
Né vers 1984 à Kadiana commune de Kadiana, MOUSSA y réside, (3ème Région administrative du Mali) avec sa femme et son 1 enfant dans une famille traditionnelle.
Mr MOUSSA s’est vite intéressé aux activités génératrices de revenus notamment à l’achat vente des téléphones et accessoires en plus des panneaux solaires, des ventilateurs, etc. Il est très sollicité à Kadiana, et surtout le jour de foire.
Fort de ses 3 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 premier prêt individuel.
MOUSSA compte utiliser son prêt pour acheter des téléphones et accessoires en plus des panneaux solaires et des ventilateurs. 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 150.000FCFA 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
  • 24
    View loans »
    Mali Loans Fundraising
  • $9,946,875
    Funds lent in using Kiva
  • 482.9
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,050 helped Moussa to purchase telephones, telephone accessories, solar panels and fans.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Nov 28, 2013
Listed
Dec 17, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2014