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Mr. Abdoulaye is a 39-year-old married man and the father of three children. He lives with his wife and children in Bougouni, in the Dougounina district. Having dropped out early from a modern school, he soon started revenue-generating businesses, especially the buying and selling of mobile phones and accessories which he learned from his uncle. With eight years of experience, he has mastered his business.

To obtain significant working capital, he decide to join the microfinance institution Soro Yiriwaso to purchase 20 mobile phones, 15 batteries, and 18 covers. He is now on his first Soro Yiriwaso loan. He gets his supplies in Bamako (capital of the Republic of Mali) and makes his sales at the Bougouni market.

With this loan, he expects to make a monthly profit of 50,000 francs CFA. With the profits, he envisions expanding his enterprise and helping out his father to ensure that family expenses are covered.
View original language description ↓
Monsieur Abdoulaye est un homme marié de 39 ans et père de 3 enfant. Il vit avec sa femme et ses enfants à Bougouni dans le quartier Dougounina.
Ayant vite abandonné l’école moderne, très tôt il commença les activités génératrices de revenus notamment l’achat et la vente des téléphones portables et accessoires qu’il apprit auprès de son oncle. Avec une experience de 8 ans, il maîtrise parfaitemenent son activité.
Pour avoir un fonds de roulement consistant, il décide de rejoindre Soro Yiriwaso pour acheter 20 des téléphones portables, 15 batteries et 18 façades. Il est à sa première expérience avec Soro Yiriwaso.
Il s’approvisionne à Bamako (capitale de la république du Mali) et effectue ses ventes au marché de Bouigouni.
Avec ce prêt, il compte réaliser un bénéfice mensuel de 50 000 FCFA.
Avec ce bénéfice, il envisage agrandir son entreprise et aider son son père assurer les dépenses de la famille.

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
  • 51
    View loans »
    Mali Loans Fundraising
  • $12,694,550
    Funds lent in using Kiva
  • 497.4
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD