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Oumar
Mr. Oumar was born around 1973 in Konobougou. He resides in Konobougou in his traditional family home, and is the married father of eight children. For social reasons, Mr. Diamba left school at an early age to engage in revenue-generating activities.

He is currently the owner of a livestock feed store. Wanting to diversify his activities he began trading agricultural inputs on his own nine years ago. He resupplies almost every week from suppliers in Segou.

Retail sales are conducted for cash, to a mixed clientele in the markets of surrounding villages. To better organize his activities, Mr. Mamoudou decided to collaborate with Soro Yiriwaso where he is on his very first loan.

As a result, Mr. Mamoudou sees his capacities strengthened, and expects average monthly profits of 140,000 CFA francs, which will be reinvested in his business.
View original language description ↓
Monsieur Oumar est né vers 1973 à Konobougou. Il réside dans la ville de Konobougou chez lui même dans une famille traditionnelle, marié et père de huit enfants. Pour des raisons sociales, Monsieur Oumar abandonna trop tôt l’école pour se lancer dans des activités génératrices de revenue. Il est actuellement propriétaire d’un magasin d’aliment bétail. En vu de diversifier ses activités il s’élança dans le commerce d’intrant agricole depuis 9 ans à son propre compte. Il s’approvisionne en marchandises pratiquement chaque semaine auprès de ses fournisseurs à Ségou.
La vente se fait en détail et en espèce au marché des villages environnants à une clientèle mixte. Ainsi pour mieux organiser son activité, Monsieur Oumar décida d’entrée en collaboration avec Soro Yiriwaso et est à son tout premier prêt. Monsieur Oumar se voit renforcer ses capacités ce qui lui permet d’envisager un bénéfice moyen mensuel de 140 000 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
  • 15
    View loans »
    Mali Loans Fundraising
  • $10,173,725
    Funds lent in using Kiva
  • 489.1
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $1,025 helped Oumar buy agricultural inputs.
98% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Jul 14, 2014
Listed
Aug 4, 2014
Currency Exchange Loss:
Possible
Ended:
Jan 17, 2015