Funded

Total loan: $800
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Moussa

Mali
Bougouni, Mali / Farm Supplies

A loan of $800 helped to purchase farm equipment and insecticides.


Moussa's story

Mr. Moussa is a 39-year-old married man and the father of one child. He lives with his wife and child in the Torakabougou district in Bougouni. He dropped out of school at an early age. For some years, he attempted different businesses but without success. A friend finally interested him in the buying and selling of farm inputs, equipment, and pesticides. With over ten years of experience, he has a mastery of his business for which he is much in demand and appreciated in and around Bougouni.

To satisfy his continuously growing and demanding customer base, Mr. Moussa decided to collaborate with the microfinance institution Soro Yiriwaso. After two loans, both correctly paid back, he is now on his third loan, which will be used to purchase 10 crusher/grinders and 15 containers of insecticides. He gets his supplies from Bamako, Sikasso, and Ouelessebougou from wholesale merchants. His store is located on the road linking Bougouni and Sikasso. His customers are composed of local people and especially peasant farmers.

He plans on making a monthly profit of 65,000 francs CFA that will be used to improve his enterprise and to cover family expenses.

Translator profile picture

Translated from French by Kiva volunteer Daniel Kuey



Loan details

Loan length:

14 months
Repayment schedule: Irregularly
Disbursed date: August 30, 2012
Facilitated by Field Partner: Soro Yiriwaso, a partner of Save the Children

Lenders and lending teams



Loan details

Loan length:

14 months
Repayment schedule: Irregularly
Disbursed date: August 30, 2012
Facilitated by Field Partner: Soro Yiriwaso, a partner of Save the Children