A loan of $300 helped to buy bicycles.

Yacouba's story

Yacouba is 48 years old, married, and father of eight children. He lives in a traditional family with his wife and children in the Torakabougou neighborhood of Bougouni.

As a result of his parents' poverty, he decided to abandon his studies in the second year of primary school (Malian education system) to generate revenue by working. For years, he was involved in several different business activities, but without success. Then, he became interested in the business of buying and selling bicycles and accessories, eventually specializing in this area. He learned about this business from one of his cousins. With over 20 years of experience, he understands the business well and is respected and in high demand.

He decided to work with Soro Yiriwaso in the hopes of being able to satisfy his ever-growing and demanding customer base. He is on his first loan, which he plans to use to buy 10 used bicycles from different stores.

He stocks up at wholesalers in Bamako and sells his goods at the grand market in Bougouni to a diverse and varied clientele.

He hopes that with the loan, he will be able to earn a monthly profit of 25,000 FCFA, which he will use to pay back the loan and reinvest in his business.

Translated from French by Kiva volunteer Holden Ferry

Loan details

Lenders and lending teams

Loan details