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Adou
ADOU was born in December 1962 in MENA, Cercle de KOLONDIEBA, a prefecture in the 3rd administrative region of the Republic of Mali. He is 52 years old and resides in FAKOLA, in the KOKO district, in a traditional family with his two wives and six children. Early on, he became interested in revenue-generating businesses, especially the buying and selling of cattle. He makes his sales in FAKOLA.

With a solid thirty years of experience in this domain, he is collaborating with the microfinance institution Soro Yiriwaso to increase his business capital in order to satisfy his customer base, which is ever-growing. He is on his third loan. His customer base is essentially composed of men.

Mr. ADOU intends to use his loan to purchase 4 head of cattle. His supply comes from FAKOLA and from NIENA. His sales are made in cash. Mr. ADOU hopes to make a monthly profit of 100,000 francs CFA that will be used to meet family needs, pay back the loan, and reinvest in his business.
View original language description ↓
ADOU est né en Décembre 1962 à MENA cercle de KOLONDIEBA; une des préfectures de la 3ème Région administrative du Mali. Mr ADOU est âgé de 52 ans ; il réside à FAKOLA dans le quartier KOKO, dans une famille traditionnelle avec ses 2 femmes et ses 6 enfants.
Mr ADOU s’est vite intéressé aux activités génératrices de revenus notamment à l’achat et vente de bœufs .Sa vente se fait à FAKOLA.
Fort de ses 30 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 troisième prêt. Sa clientèle est essentiellement composée d’hommes.
Mr ADOU compte utiliser son prêt pour acheter 4 bœufs. Il s’approvisionne à FAKOLA et à NIENA .Il effectue ses ventes au comptant.
Mr ADOU espère réaliser un bénéfice mensuel de 100.000FCFA 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.

About Mali

  • $1,100
    Average annual income
  • 27
    View loans »
    Mali Loans Fundraising
  • $11,465,250
    Funds lent in using Kiva
  • 477.6
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD