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Kassim
Mr. KASSIM was born in 1982 in SIKASSO. He is married and lives with his wife at his father’s house in MEDINE, a working-class district in Sikasso City (3rd administrative region of the Republic of Mali). Mr. KASSIM is a health care technician. In addition, he has been working at buying and selling essential medicines for several years. With such experience in this domain, he enjoys a solid reputation.

He decided to join the the microfinance institution Soro Yiriwaso and is now on his first loan with it enabling him to increase his business capital, so as to respond to the expectations of his customers. He gets her supplies from pharmacies to be resold in his clinic. Thus, with this loan, he intends to purchase 10 boxes of of nivaquine syrup, 15 boxes of paracétamol, and more significant quantities of essential medicines for retail sale to men and women customers paying with cash or credit.

With this initial loan, he envisions making an average monthly profit of 55,000 francs CFA that will be used to cover his expenses and pay back the loan with interest.
View original language description ↓
Monsieur KASSIM est né en 1982 à SIKASSO, marié il réside avec son épouse chez son père à MEDINE un quartier populaire dans la ville de Sikasso troisième région administrative de la république du Mali.
Monsieur KASSIM est technicien de santé en plus il mène des activités d’achat et de vente des médicaments essentiels depuis plusieurs années. Avec une telle expérience dans ce domaine, il jouit d’une forte réputation.Il décide de rejoint à institution de micro finance Soro Yiriwaso avec laquelle il est à son premier prêt qui lui permettra d’augmenter son fonds de commerce pour en fin de répondre aux attentes de ses clients.
Il s’approvisionne auprès de la pharmacie en fin de les revendre dans sa clinique. Ainsi ce premier prêt i compte acheter 10 cartons de sirop nivaquine, 15 cartons de paracétamol plus des quantités importantes de médicaments essentiels pour la revendre au détail à une clientèle composée d ‘hommes et de femmes au comptant et à crédit.
Avec ce premier prêt il envisage réaliser un bénéfice moyenne mensuel de 55 000 FCFA qui sera utilisé pour résoudre ses dépenses et payer les prêt et son intérêts.

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
  • 10
    View loans »
    Mali Loans Fundraising
  • $9,921,450
    Funds lent in using Kiva
  • 481.3
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD
Paying Back - Currency Exchange Loss

This loan has been fully funded!

A loan of $850 helped Kassim to purchase medicines for a clinic.
65% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 14, 2014
Listed
Jun 5, 2014
Currency Exchange Loss:
Possible