Check out other loans that are currently fundraising!
Mr. Almoudou Traoré, 44, is married and the father of 4 daughters. He lives with his family in Médine, one of the working class neighborhoods of the town of Sikasso (third administrative region of the Republic of Mali).

Not having had the opportunity to advance in school, he began at a young age to learn tailoring from his uncle in Sikasso. His workshop is located in the big open-air market of Sikasso and most of his clientele is composed of men and especially of itinerant merchants. With his vast experience in the activity, he has the total confidence of the guild of tailors which has earned him the presidency of the Tailors' Guild of Sikasso (Comité de Surveillance de l’Association des Tailleurs de Sikasso--A.T.S.) Besides tailoring, he buys sewing machines in Lomé (Republic of Togo) to re-sell them to the tailors of Sikasso.

With the desire to satisfy his ever-growing orders for sewing machines more fully, he came to the micro-finance institution Soro Yiriwaso, and he is on his first individual loan which will permit him to buy 10 sewing machines.

With this loan, he expects to make a monthly profit of 200,000 F CFA which will allow him to cover most of his personal expenses, contribute to family expenses, pay the interest on his loan, and invest any remainder into his workshop.

View original language description ↓
Monsieur Almoudou Traoré a 44 ans, marié et père de 4 filles, il réside avec sa famille à Médine, un des quartiers populaires de la ville de Sikasso (troisième région administrative de la république du Mali).
N’ayant pas eu la chance d’avancer à l’école, il s’est très vite initié à la couture auprès de son oncle à Sikasso. Son atelier est situé au grand marché de Sikasso et la plupart de sa clientèle est composée d’hommes et surtout les forains.
Avec sa grande expérience dans le domaine, il jouit d’une parfaite confiance de la famille des tailleurs ce qui lui a valu la présidence du Comité de Surveillance de l’Association des Tailleurs de Sikasso (A.T.S.). En plus de la couture, il achète des machines à coudre à Lomé (république de Togo) afin de les revendre aux tailleurs de Sikasso.
Dans les souci de mieux satisfaire ses commandes de machines de plus en plus croissantes, il sollicita la collaboration de l’institution de microfinance Soro Yiriwaso et il est à son premier prêt individuel qui lui permettra d’acheter 10 machines à coudre.
Avec ce prêt, il envisage réaliser un bénéfice mensuel de 200 000 FCFA qui va lui permettre de résoudre l’essentielle de ses dépenses personnelles, contribuer aux dépenses familiales, payer les intérêts de son prêt et investir le reste dans son atelier.

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

  • $1,100
    Average annual income
  • 39
    View loans »
    Mali Loans Fundraising
  • $12,531,375
    Funds lent in using Kiva
  • 491.7
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD