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Mamadou Zoumana
Mamadou Zoumana was born in 1987 in Bougouni. He is the father of 2 children and lives in a traditional family in the Heremakono neighborhood north of the city of Bougouni (third Administrative Region of the Republic of Mali).

He has been making clothing for more than 8 years. His experience in the domain has earned him a good reputation and helped him get orders. So to obtain the necessary resources to satisfy his customers, he is working with the Soro Yiriwaso microfinance institution.

This is his 3rd loan, after having repaid the 2 previous loans on time. This loan will enable him to buy an embroidery machine in Bamako. He will use this machine in his sewing shop in the Torakabougou neighborhood of Bougouni.

With this loan, he hopes to earn an average monthly income of 115,000 CFA Francs. That income will allow him to pay the interest on his loan and to invest the rest in his business.
View original language description ↓
Monsieur MAMADOU ZOUMANA est né en 1987 à Bougouni. Père de 2 enfants il vit dans une famille traditionnelle dans le quartier Heremakono Nord de la ville de Bougouni (troisième région administrative de la république du Mali).
Il mène des activités de couture depuis plus de 8 ans. Son expérience dans ce domaine, lui a valu une bonne réputation et reçoit des commandes. Ainsi pour avoir les ressources nécessaires afin de satisfaire ses clients, il collabore avec l’Institution de microfinance Soro Yiriwaso. Il est à son 3 eme prêt maintenant, les 2 prêts passés ont été correctement remboursés.
Ce prêt lui permettra d’acheter, une machine à broderie à Bamako. L’utilisation de la machine se fait dans son atelier de couture dans le quartier Torakabougou de la ville de Bougouni.
Avec ce prêt, il envisage réaliser un bénéfice mensuel moyen de 115 000 FCFA. Ce bénéfice lui permettra de 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.

About Mali

  • $1,200
    Average annual income
  • 35
    View loans »
    Mali Loans Fundraising
  • $10,710,275
    Funds lent in using Kiva
  • 478.2
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $1,050 helped Mamadou Zoumana to buy an embroidery machine.
95% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Feb 20, 2014
Listed
Feb 25, 2014
Currency Exchange Loss:
Possible
Ended:
Mar 17, 2015