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Issouf
Mr. Issouf was born in the late 60s in Gningoni, a Sikasso circle. Married with five children, he lives in a traditional family with his wife, in his own home. They reside in Kadiolo, another circle of SIKASSO, 3rd administrative region of the Republic of MALI.

Mr. Issouf has been buying and selling cereals for over six years. He buys his stock in Kadiolo and surrounding villages.

He is partnering with the Soro Yiriwaso microfinance institution for the 9th time to better meet the needs of a growing customer base. Past loans were correctly repaid.

This loan will allow him to buy 40 sacks of cereals at 100 kg each. He will store his stock for a while in his home facility prior to resale in Kadiolo to a clientele consisting of both men and women, for cash and on credit.

He expects to earn an average monthly profit of 80,000 francs CFA. This will allow him to repay the loan and interest, and the remainder will be invested in his activity.

Monsieur Issouf né vers1969 à Gningoni cercle de Sikasso, père de 5 enfants, marié et il réside chez lui-même avec son épouse dans une famille traditionnelle à Kadiolo un cercle de la région de SIKASSO 3ième région administrative de la république du MALI.
Monsieur Issouf mène des activités d’achat et de vente des céréales il ya plus de 6 ans, il s’approvisionne à Kadiolo et les villages environnants de Kadiolo.
Il est à son neuvième prêt individuel avec l’Institution de Micro Finance Soro Yiriwaso dans le souci de mieux satisfaire sa clientèle de plus en plus croissante. Le prêt précédant a été correctement remboursé.
Ce prêt lui permettra de faire l’achat de 40 sacs de 100 kg de céréale, Après l’achat il les stockes durant un moment dans son magasin à domicile avant la revente. La vente s’effectue à Kadiolo à une clientèle composée d’homme et de femme au comptant et à crédit à une clientèle.
Il envisage réaliser un bénéfice mensuel moyen de 80 000 francs CFA par mois. Ce bénéfice lui permettra de payer le prêt et son intérêt 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
  • 24
    View loans »
    Mali Loans Fundraising
  • $9,945,750
    Funds lent in using Kiva
  • 471.6
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $850 helped Issouf to buy cereals for resale.
99% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 3, 2014
Listed
Mar 20, 2014
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2014