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Mr. Bamory S. was born on October 23 1966 in Bamako. Father of three children, he lives with his nuclear family in Noumousso – Kadiolo (the third largest administrative region in the republic of Mali).

For the past 15 years he has marketed agricultural and food products. His experience in this industry has earned him a good reputation and he constantly receives product orders. In order to have the resources necessary to satisfy his customers, he decided to collaborate with Soro Yiriwaso, a microfinance institution. After properly repaying his first loan, he is at his second loan from the group.

This loan will allow him to buy 800 kg of yams and 50 bunches of plantains. He stocks up in the Ivory Coast, a country bordering Mali. The products are transported directly to MOPTI for delivery. They are sold for cash to a clientele composed of men and women.

With this loan, he expects to make an average monthly profit of 100,000 FCFA. This profit will enable him to repay his loan and invest the rest in his business. He plans to become a reputable wholesaler in order to satisfy his many customers who continue to grow more numerous.
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Monsieur BAMORY S. est né le 23 octobre 1966 à BAMAKO. Père de 3 enfants, il vit dans une famille nucléaire à Noumousso - Kadiolo (troisième région administrative de la république du Mali).
Il mène des activités de commercialisation de produits agricoles et alimentaires depuis maintenant 15 ans. Son expérience dans ce domaine, lui a valu une bonne réputation et reçoit des commandes de produits et cela en permanence. Ainsi pour avoir les ressources nécessaires afin de satisfaire ses clients, il décida de collaborer avec l’Institution de microfinance Soro Yiriwaso. Après avoir correctement remboursé le premier prêt il est à son deuxième prêt de groupe.
Ce prêt lui permettra d’acheter de l’igname : 800kg et des bananes plantains:50régimes. Il s’approvisionne en Côte d’Ivoire, un pays frontalier du MALI. Les produits sont directement acheminés à MOPTI pour être livrés. Il sont vendus au comptant à une clientèle composée d’hommes et de femmes.
Avec ce prêt, il envisage réaliser un bénéfice mensuel moyen de 100 000 FCFA. Ce bénéfice lui permettra de payer son prêt et investir le reste dans son activité.
Il compte devenir un grossiste de bonne renommée à fin de satisfaire ses nombreux clients qui ne cessent de croître.

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
  • 29
    View loans »
    Mali Loans Fundraising
  • $11,918,625
    Funds lent in using Kiva
  • 462.7
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD