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Fousseyni is 33 years old and lives with his wives and two children in the sub prefecture of Kourouba, in the Koulikoro region. Fousseyni never had the opportunity to attend school. He became interested in income-generating activities early on, notably the purchase, storage and sale of grain.

In order to satisfy his customers while maintaining growth, Fousseyni decided to collaborate with Soro Yiriwaso. Having fully repaid his third loan, Fousseyni is currently on his fourth individual loan. He plans to use it to purchase two and a half tons of grains (such as maize, beans, millet, and fonio) from farmers and producers in Dangassa and the surrounding area. Fousseyni will store the grain for at least two months. He sells mainly to wholesale customers consisting of retailers from large cities like Bamako and Sanankoroba.

Fousseyni hopes to earn an average monthly income of 150,000 FCFA, which he will use to repay his loan and to reinvest in his business.
View original language description ↓
FOUSSEYNI est âgé de 33 ans et vit avec ses deux enfants et ses épouses dans la sous préfecture de KOUROUBA, Région de KOULIKORO.
FOUSSEYNI n’a pas eu la chance d’aller à l’école. Très tôt il s’intéressa aux activités génératrices de revenus notamment à l’achat stockage vente de céréales.
Dans le souci de satisfaire sa clientèle en nette croissance, elle décida de collaborer avec Soro Yiriwaso. Après avoir correctement remboursé le troisième prêt il est à son quatrième prêt individuel qui servira à acheter, 2,5 tonnes de céréales (maïs, haricot, mil, fonio) auprès des paysans producteurs de DANGASSA et environnants qu’elle gardera pendant au moins 2 mois. Il vend essentiellement en gros à une clientèle constituée de revendeurs venant des grandes villes telles Bamako, Sanankoroba.
FOUSSEYNI espère réaliser un bénéfice moyen mensuel de 150 000 FCFA qui sera utilisé pour rembourser le prêt et être réinvestir le reste dans les activités.

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
  • 53
    View loans »
    Mali Loans Fundraising
  • $12,694,550
    Funds lent in using Kiva
  • 481.3
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD