Funded

Total loan: $975
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Hamidou Ousmane

Mali
Sikasso, Mali / Mobile Phones

A loan of $975 helped to buy mobile phones and accessories for resale.


Hamidou Ousmane's story

Hamidou Ousmane was born in Zegoua (border of Mali and Ivory Coast) around 1988. He is a single man who lives in a traditional family with his cousin in Sanoubougou II, a working-class district of the city of Sikasso.

Having not had the opportunity to pursue his studies, Hamidou learned early on the business of buying and selling mobile phones and accessories (skin cases, batteries, chargers, headphones, etc.) over 10 years ago. He conducts his business in his own shop at the Sikasso bus station, and his clientele consists mainly of travelers and carriers. He is in high demand due to the quality of his merchandise.

Eager to meet the needs of his growing customer base, he decided to join the micro-finance institution Soro Yiriwaso, where he has previously received five loans, all correctly repaid.

He is seeking a sixth loan to go to Bamako to purchase 60 mobile phones of various brands, 10 boxes of skin cases, about 15 chargers, 30 packs of memory cards, 25 boxes of batteries, 15 dozen set of headphones in different styles, and an assortment of watches and belts.

He hopes to earn a monthly profit of 175,000 FCFA, which he will use primarily to help with the household expenses and to pay the interest on the loan. Any remainder will be reinvested in his activity.

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Loan details

Loan length:

8 months
Disbursed date: October 17, 2012
Facilitated by Field Partner: Soro Yiriwaso, a partner of Save the Children

Lenders and lending teams



Loan details

Loan length:

8 months
Disbursed date: October 17, 2012
Facilitated by Field Partner: Soro Yiriwaso, a partner of Save the Children