Check out some available loans that are similar to this one!
Mr. Diakalia was born around 1971 in Sikasso. He is married and the father of four children. He resides with his wife and their children in a large traditional extended family in a district in Bougoula City, the downtown of Sikasso.

Mr. Diakalia became familiar with the furniture-making trade at a young age with his father, who used to be a well-known master craftsman in high demand by the people of Sikasso.

Privileged with such experience in this domain, Mr. Diakalia received many orders, but the means at his disposal are inadequate for further satisfying all of the ever-growing need. So he decided to join the microfinance institution Soro Yiriwaso about three years ago and is now on his third individual loan there.

Thus, he is requesting this third loan to buy two 10-tonne truckloads of rafters and boards, plus a load of plywood. He purchases his lumber from surrounding towns (Tinkrela, Denderso, Lobougoula, etc.) and then saws them before taking them to Sikasso to be made into furniture, benches, picnic tables, desks, and chairs for resale.

With this loan, he envisions making a monthly profit of 330,000 francs CFA that will be used for helping with family expenses and paying the loan interest. The rest will be invested in his business.
View original language description ↓
Monsieur Diakalia est né vers 1971 à Sikasso, marié et père de quatre enfants, il réside avec son épouse et leurs enfants dans une grande famille traditionnelle élargie au quartier de Bougoula Ville, le centre ville de Sikasso.
Monsieur Diakalia s’est initié à profession de menuisier dès son jeune âge auprès de son père qui était un maître d’oeuvre très connu et très sollicité par la population Sikassoise. Nanti d’une telle expérience dans le domaine, Monsieur Diakalia reçoit beaucoup de commandes, mais les moyens dont il dispose sont insuffisants pour mieux satisfaire tous ces besoins qui ne cesse d’augmenter, il décida alors de rejoindre l’institution de microfinance Soro Yiriwaso il y a environ trois années avec laquelle il est à son troisième prêt individuel. Ainsi il sollicite ce troisième prêt pour acheter, 2 chargements de camion “10 tonnes” de Chevron et planches et un chargement de contre plaque.
Il achète ses bois dans les localités environnantes (Tinkrela, Denderso, Lobougoula, etc.) avant de les scier et les amener à Sikasso pour en faire des meubles, bancs, tables-bancs, bureau, chaises afin de les revendre.
Il envisage réaliser avec ce prêt un bénéfice mensuel de 330 000 FCFA qui sera utilisé pour contribuer aux dépenses familiales, payer les intérêts de son 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

  • $1,100
    Average annual income
  • 29
    View loans »
    Mali Loans Fundraising
  • $12,519,875
    Funds lent in using Kiva
  • 500.1
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD