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Amidou
Mr. Amidou S. is a married man, born about 1968 in Ouogan (Sikasso), who is a father of five children (two boys and three girls). He lives in a monogamous family with his wife and children in Noumousso, a district of Kadiolo (third administrative region of the Republic of Mali). At a young age, he learned commerce along with agriculture, which he practiced with his parents as his first job. For seven years now, the trend has been inverted. In his shop located along the main road, he now sells grain and various other goods, in the Noumousso district of the city of Kadiolo, where he enjoys unprecedented fame.


He has been in collaboration with the micro-finance institution Soro Yiriwaso for two years and is on his fourth individual loan. All the preceding loans have been settled. With this loan, he plans to buy 5 sacks of sugar, 10 sacks of rice, 2 sacks of beans, 5 drums (20 liters each) of cooking oil, and 30 sacks of corn. Supplies are gotten in Kadiolo City from wholesalers. Sales are made, cash or credit accepted, to customers composed of women and men. He is often in demand by some local civil servants for their monthly allocation.


He envisions realizing an average monthly profit of 94,000 francs CFA, part of which will be injected into his business and the other will be put aside as savings. His ambition is to be a wholesaler.

View original language description ↓
Mr Amidou S. est un homme marié, né vers 1968 à Ouogan (Sikasso) qui est père de (05) enfants (2garçons et 3filles). Il vit dans une famille monogamme avec son épouse et ses enfants à Noumousso un des quartiers de Kadiolo ville(troisième région administrative de la république du Mali).
Dès son jeune âge, il appris le commerce à côté de l’agriculture qu'il pratiquait avec ses parents comme activité première. Dépuis maintenant 7 ans la tendance s’est inversée, il vend dans sa boutique, de céréales et divers autres articles, dans le quartier Noumousso de la ville de Kadiolo au bord de la route principale. Il jouit d’une notorieté sans précédente dans la ville de kadiolo.
Il collabore avec l’intitution de microfinanace Soro Yiriwaso il y a 2 ans. Il est à son 4eme prêt individuel, tous les précédents se sont bien dénoués.
Mr Amidou S. compte acheter avec son prêt 5 sacs de sucre, 10sacs de riz, 2sacs d’haricots, 5 bidons de 20 litres d’huile et 30 sacs de maïs. Il s’approvisionne à Kadiolo ville chez les grosssistes.
Mr Amidou S. vend au comptant et à crédit à une clientèle composée de femmes et d’hommes. Il est souvent sollicité par certains fonctionnaires de la place pour leurs dotations mensuelles.
Il envisage réaliser un bénéfice mensuel moyen de 94.000FCFA dont une partie sera injectée dans son commerce et l’autre partie sera mise de côté comme épargne. Il ambitionne d’être un grossiste.

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
  • 31
    View loans »
    Mali Loans Fundraising
  • $10,282,350
    Funds lent in using Kiva
  • 504.2
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Amidou to buy corn, beans, rice, cooking oil, sugar, and various other goods.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 28, 2009
Listed
Mar 2, 2009
Currency Exchange Loss:
Covered
Ended:
Dec 15, 2009