Check out some available loans that are similar to this one!
Kansé
Mr. Kansé C., 31, married and the father of 2 children, lives with his family in Sanoubougou I, one of the working class neighborhoods of the town of Sikasso (third administrative region of the Republic of Mali).



Mr. Kansé, after having tried various businesses without success, took up buying and selling various items. In this niche for 25 years now, he is in great demand with his clientele because of the quality of his merchandise and he presently has two boutiques (one for ready-to-wear and one for sundry items) at the bus station of Sikasso.



To satisfy his ever-growing clientele, he decided to join the micro-finance institution Soro Yiriwaso four months ago. He is on his first individual loan. With this loan, he intends to buy 10 cases of cookies, 5 packets of NBB drinks, 5 cases of BRAMALI drinks, 2 cases of tea, 1 sack of sugar, 10 packets of bonbons, 5 cases of Calvé mayonnaise, 4 cartons of Nido powdered milk, 3 cases of MALTA drinks, 2 cases of soap, etc.



He does his buying from wholesalers in Bamako (capital of Mali) and sells retail and for cash to a clientele generally made up of travelers and above all transporters. He expects to make, with the help of this loan, a monthly profit of 300,000 F CFA which will be used essentially to support his family and pay the interest on the loan, investing any remainder back into his business.

View original language description ↓
Monsieur Kansé C. a 31 ans, marié et père de deux (02) enfants. Il réside avec sa famille à Sanoubougou I, un des quartiers populaires de la ville de Sikasso ( troisième région administrative de la république du Mali).
Monsieur Kansé, après avoir mené plusieurs activités sans succès, s’est initié aux activités d’achat et de vente d’articles divers de boutique.. Dans ce créneau depuis maintenant vingt cinq (25) ans, il est beaucoup sollicité par sa clienèle pour la qualité de ses produits et dispose de deux boutiques présentement (une pour les Prêts à Porter et une pour les articles divers) à la gare routière de Sikasso.
Pour satisfaire sa clientèle de plus en plus croissante, il décida de rejoindre l’institution de microfinance Soro Yiriwaso depuis maintenant quatre (04) mois. Il est à son premier prêt individuel.
Avec ce premier prêt, il compte acheter 10 cartons de biscuit, 5 paquets de boisson NBB, 5 casiers de boisson BRAMALI, 2 carton du thé, 1 sac du sucre, 10 paquets de bonbon, 5 carton de mayonnaise Calvé, 4 cartons du lait en poudre NIDO, 3 casiers de boisson MALTA, 2 cartons de savon, etc.
Il sapprovisionne auprès de commerçants grossistes à Bamako(capitale du Mali) avant de les revendre en détail et au comptant à une clientèle composée généralement des voyageurs et surtout de routiers.
Il envisage réaliser avec ce prêt un bénéfice mensuel de 300 000 FCFA qui sera utilisé essentiellement pour subvenir aux dépenses familiales, payer les intérêts du prêt 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.

About Mali

  • $1,200
    Average annual income
  • 25
    View loans »
    Mali Loans Fundraising
  • $10,710,025
    Funds lent in using Kiva
  • 506.1
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Kansé purchase of various articles for re-sale.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 30, 2009
Listed
Mar 2, 2009
Currency Exchange Loss:
Covered
Ended:
Sep 15, 2009