Total loan: $875

Ragnimmalagda Florence

Ouagadougou, Centre Region, Burkina Faso / Food

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A loan helped to buy 160 cases of soft drinks and beer and to save money for her children's schooling.

Ragnimmalagda Florence's story

RAGNIMMALAGDA FLORENCE is the mother of six children of whom four are attending school. A merchant, she has been managing a stand selling beverages for seven years at an outlying market of the capital.

Now on her 5th loan cycle with the microfinance institution YIKRI, she pays back her loans on time. She has asked for another loan to purchase 160 cases of soft drinks and beer to satisfy the demands of customers and retailers for the year-end holidays. With her earning, she is going to reinvest in her business, bolster her inventory, and save money to cover her children’s school costs.