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Yacouba
Mr. Yacouba [was born] in Alpe (Republic of Cote d’Ivoire). He resides in Fana City, Commune de Guégnéka, in the Banankabougou district with his father in a traditional family. He is a married father of one child. For societal reasons, Mr. Yacouba dropped out of school early in order to get started in revenue-generating businesses. He is currently the owner of a tailoring shop.

To diversify his business, he started off in the commerce of sewing supplies, a business he has been operating on his own for eight years. He gets his supplies of merchandise practically each week from suppliers in Bamako. The sales are made retail and in cash in his shop located on the roadside not far from his home. His customer base is composed essentially of tailors.

Thus, to organize his business better, Mr. Yacouba decided to collaborate with the the microfinance institution Soro Yiriwaso and is now on his third loan, which will be used to purchase sewing supplies. He envisions making an average monthly profit of 80,000 francs CFA, which will be reinvested in his business.
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Monsieur Yacouba à Alpe (République de Côte d’Ivoire). Il réside dans la ville de Fana, commune de Guégnéka, quartier Banankabougou, chez son père dans une famille traditionnelle, marié et père d’un enfant.
Pour des raisons sociales, Monsieur Yacouba abandonna trop tôt l’école pour se lancer dans des activités génératrices de revenus. Il est actuellement propriétaire d’un atelier de couture. En vu de diversifié ses activités il s’est lancé dans le commerce de mercerie qu’il exerce depuis 8 ans à son propre compte. Il s’approvisionne en marchandises pratiquement chaque semaine auprès de ses fournisseurs à Bamako. La vente se fait en détail et en espèce dans son atelier situé au bord du goudron non loin de son domicile à une clientèle composée essentiellement de tailleurs. Ainsi pour mieux organiser son activité, Monsieur Yacouba décida d’entrer en collaboration avec Soro Yiriwaso et est à son troisième prêt qui sera utilisé pour acheter des merceries. Monsieur Yacouba envisage réaliser un bénéfice moyen mensuel de 80 000 Fcfa, qui sera réinvesti 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.

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About Mali

  • $1,200
    Average annual income
  • 6
    View loans »
    Mali Loans Fundraising
  • $10,173,725
    Funds lent in using Kiva
  • 474.8
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $650 helped Yacouba to purchase sewing supplies.
99% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 2, 2014
Listed
Apr 27, 2014
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2014