A loan of $1,050 helped to buy cereals.

Alou's story

Born in 1976 in Ouelessebougou, Alou lives with his seven children and his spouses in a nuclear family; they live in N’Tentou, in Ouelessebougou sub-prefecture (Koulikoro region of the Republic of Mali).
Alou did not have a chance to progress through school; he became interested in revenue-generating activities early on, notably buying and selling cereals: corn, rice, millet, fonio, etc.
In order to meet his clients’ growing needs, Alou decided to collaborate with Soro Yiriwaso. After he correctly paid back his third loan, he is now on his fourth individual loan, which will be used to purchase twenty bags of rice and ten bags of corn from producers in and around Ouroun. He mainly retails for cash or credit, from home as well as in the market and local fairs; his clientele is mixed-gender.
Alou hopes to make an average monthly profit of 75,000 XOF, which will be used to pay back the loan and reinvest in his commercial cereal business.

Translator profile picture

Translated from French by Kiva volunteer Charlotte Buecheler

Loan details

Lenders and lending teams

Loan details