A loan of $1,050 helped to purchase mobile phones and accessories.

Drissa's story

Born January 10, 1983 in Sikasso, Mr. Drissa T. is married and lives in an extended traditional family in Kaboïla II, a popular neighborhood of Sikasso (third administrative region of Mali).

Having not had the opportunity to pursue studies, Drissa T. (No. 2) started to buy and sell mobile phones and accessories (faceplates, batteries, chargers, earphones, etc.) about three years ago. He runs his business out of his own shop at the big market of Sikasso. His clientele consists of all walks of life, and especially fair goers. He is in high demand due to the quality of his products.

In order to better serve a steadily increasing customer base, he turned to the microfinance institution Soro Yiriwaso about a year ago. He received a first loan, which was fully reimbursed.

Wishing to strengthen his activity, he is seeking a second loan to buy more merchandise in Bamako including 15 different brands of mobile phones, 2 cartons of faceplates, 20 chargers, 18 packs of memory cards, 4 cartons of batteries, 2 dozens sets of earphones, etc.

With this loan, he expects to earn a monthly profit of 190,000 FCFA, which will be used primarily to bolster his business, help with the family expenses, and pay the interest on the loan.

Translated from French by Kiva volunteer

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Loan details