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Mr. Daouda is a 42-year-old married man with 3 children, who lives in a traditional family with his wife, his children, and his parents in Faraba, neighborhoods in the city of Bougouni (Sikasso region). Having not attended modern school, he has been working for a living since he was young, having trained in his father’s occupation, namely the production of cooking pots and other practical objects with his father in a forge. With more than 20 years of experience under his belt, Daouda has mastered this business and is very much in demand. Having met Soro Yiriwaso through another of their clients, he decided to join the organization in order to increase his buying power. Indeed, he plans to buy with his loan 50 kg of aluminum and 20 bags of charcoal. He is on his second loan with Soro Yiriwaso and the previous loan was repaid. He stocks up on aluminum in Bougouni and in Bamako (capital of the republic of Mali). He sells his merchandise in the Bougouni market and in neighboring villages on weekly market days. Most of his customers are women. He hopes to earn 60,000 FCFA monthly, which will be used to repay the loan and put back into his business.
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Monsieur Daouda est un homme marié de 42 ans et père de 3 enfants, qui vit dans une famille traditionnelle, avec sa femme, ses enfants et ses parents à Faraba, des quartiers de la ville de Bougouni.(région de Sikasso)
N’ayant pas fréquenté l’école moderne, dès son jeune âge il commença les activités génératrices de revenus, avec l’apprentissage du métier paternel à savoir les activités de fabrication de marmites et autres objets utilitaires auprès de son père dans une forge. Nanti de plus de 20 ans d’expérience dans le domaine, Daouda maîtrise son activité et est beaucoup sollicité. Ayant fait la connaissance de Soro Yiriwaso à travers un autre client de l’institution, il décida de rejoindre la structure afin de renforcer d’avantage son pouvoir d’achat.
En effet il compte acheter avec son prêt, 50 kg d'aluminium et 20 sacs de charbon de bois.Il est à son deuxième prêt avec avec Soro Yiriwaso et le prêt précédent a été correctement remboursé. Il s'approvisionne en aluminium à Bougouni et à Bamako (capitale de république du Mali). La vente de sa production se fait au marché de Bougouni et dans les villages environnants les jours de marchés hebdomadaires. La plus part de ses clients sont des femmes
Il espère réaliser un bénéfice mensuel de 60 000FCFA qui sera utilisé pour rembourser le prêt et réutilisé dans l’entreprise.

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
  • 42
    View loans »
    Mali Loans Fundraising
  • $11,949,525
    Funds lent in using Kiva
  • 456.3
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD