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Issa
Issa was born in February 1960 in Sikasso. He is married, has two children and lives in a traditional family with his wife. They live in Niena Commune, in the Sikasso district (third administrative region of the Republic of Mali).

Issa has been buying and selling herbicides for more than six years. He buys his stock in Sikasso. This will be his first individual commercial loan with the field partner, Soro Yiriwaso. He hopes to be better able to satisfy the demands of his customers by buying 10 boxes of 12 bottles of various quality of herbicide. Issa retails his product in Niena to both men and women, for cash or on credit.

Issa expects to earn a monthly average profit of 77,000 francs CFA. This will enable him to repay his loan and interest, and invest in his business.
View original language description ↓

Monsieur ISSA est né en Février 1960 à SIKASSO, marié, père de 2 enfants et il réside chez lui-même avec son épouse dans une famille traditionnelle à LAFIABOUGOU un quartier de NIENA une commune dans le cercle de SIKASSO 3ième région administrative de la république du MALI.
Monsieur ISSA mène des activités d’achat et de vente des herbicides il ya plus de 6 ans, il s'approvisionne à SIKASSO.
Il est à son premier prêt individuel commerçant avec l’Institution de Microfinance Soro Yiriwaso dans le souci de mieux satisfaire sa clientèle de plus en plus croissante.
Ce prêt lui permettra de faire l’achat de 10 cartons de 12 bidons herbicides de qualité différente à SIKASSO pour la revendre au détail à NIENA à une clientèle composée d’homme et de femme au comptant et à crédit.
Il envisage réaliser un bénéfice mensuel moyen de 77 000 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.

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About Mali

  • $1,200
    Average annual income
  • 14
    View loans »
    Mali Loans Fundraising
  • $10,308,425
    Funds lent in using Kiva
  • 483.6
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $850 helped Issa to buy herbicides for resale.
97% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 26, 2014
Listed
Jul 30, 2014
Currency Exchange Loss:
Possible
Ended:
Mar 3, 2015