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Issa
Issa was born in around 1970 in Nimporodioula, and is married and the father of 11. He lives at home with his wife in a traditional household in Médine, a working-class neighbourhood in the city of Sikasso (in the 3rd administrative region of Mali).

Issa has been buying and selling cereals for more than 16 years and buys his supplies in the village markets around Sikasso.

Issa is requesting his ninth loan with the Soro Yiriwaso microfinance institution in order to satisfy growing customer demand. He has repaid all the previous loans successfully.

This loan will help Issa buy 40 100-kg sacks of cereals. He then keeps the cereals in his store at home before reselling them. He sells his cereals at the market to a customer base that includes both men and women.

Issa hopes to make an average of 100,000 CFA francs a month. This will allow him to pay off the loan and interest, and the remainder will be reinvested in his business.
View original language description ↓
Monsieur Issa, né vers1970 à Nimporodioula, père de 11 enfants et marié, il réside chez lui-même avec son épouse dans une famille traditionnelle à Médine un quartier populaire de le ville de Sikasso 3ème région administrative de la république du MALI.
Monsieur Issa mène des activités d’achat et de vente de céréales il y'a plus de 16 ans, il s'approvisionne dans les marchés des localités environnantes de Sikasso.
Il est à son neuvième prêt avec l’Institution de Micro Finance Soro Yiriwaso dans le souci de mieux satisfaire sa clientèle de plus en plus croissante. Les prêts précédant ont été correctement remboursés.
Ce prêt lui permettra de faire l’achat de 40 sacs de 100 kg de céréales, Après l’achat il les stocke durant un moment dans son magasin à domicile avant la revente. La vente s’effectue au marché à une clientèle composée d’homme et de femme au comptant et à crédit.
Il envisage réaliser un bénéfice mensuel moyen de 100 000 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
  • 51
    View loans »
    Mali Loans Fundraising
  • $10,437,500
    Funds lent in using Kiva
  • 475.9
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,075 helped Issa to buy cereals.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Mar 5, 2014
Listed
Mar 25, 2014
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2014