Check out some available loans that are similar to this one!
Mr. Odiouma is 25 years old and lives with his four children and his wife in a nuclear family in N'tentou, one of the neighborhoods of Ouelessebougou in the Koulikoro region.
Odiouma did not have the good luck to go to school. Very early in his life he became interested in money making activities especially buying and selling of store goods and various other articles. He learned this business from his maternal uncle who used to be a great storekeeper of various products.
Aiming to satisfy his rapidly growing clientele, he decided to collaborate with Soro Yiriwaso. This is his fourth individual loan which will enable him to buy 2 tons of rice, 5 bags of sugar and 2 boxes of tea from the wholesalers in Bamako, which he will sell retail in Ouelessebougou for cash and for credit to a mixed clientele.
Odiouma hopes to make an average monthly profit of 100.000. FCFA which he will use to repay his loan and reinvest in his business.
Monsieur ODIOUMA est âgé de 25 ans et vit avec ses quatre enfants et son épouse dans une famille nucléaire à N’TENTOU, un des quartiers de la sous préfecture Ouelessebougou, Région de Koulikoro.
ODIOUMA 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 vente des articles de boutique et autres articles divers. Il a appris cette activité auprès de son oncle maternel, qui fut jadis un grand commerçant d’articles divers.
Dans le souci de satisfaire sa clientèle en nette croissance, il décida de collaborer avec Soro Yiriwaso. Il est à son quatrième prêt individuel qui servira à acheter, 2 tonnes de riz, 5 sacs de sucre et 2 cartons de thé auprès des grossistes de BAMAKO qu’il revend en détail à OUELESSEBOUGOU à crédit et au comptant à une clientèle mixte.
ODIOUMA espère réaliser un bénéfice moyen mensuel de 100.000. 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
  • 39
    View loans »
    Mali Loans Fundraising
  • $12,531,375
    Funds lent in using Kiva
  • 498.1
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD