A loan of $625 helped purchasing millet for re-sale.

Kadia's story

Mrs. Kadia Koné, 55, is a widowed mother of 6 children. She lives in her late husband's house with her children in the Bagadadji neighborhood, near the Guidjo Almamy mosque in Ségou (fourth administrative region of the Republic of Mali).

She began working together with her mother who sold cakes made out of millet or rice ("Takoula"). After several years spent in her mother's business, she began to introduce, little by little, the sale of cereals in addition to the Takoula, until she became experienced in this activity. Today she is well-known and respected in her district. Besides selling foodstuffs, she is now also selling wood for construction purposes.

So as to satisfy the demand of her clientele for cereals, she came to the micro-finance institution Soro Yiriwaso with whom she has been working for 3 years. After 3 solidarity loans and 1 individual loan, all correctly reimbursed, she is now on her second individual loan.

She intends to use this loan to buy 2 tons of millet. She buys right in Ségou from the farmers and sells retail, for cash or credit, to a clientele composed of men and women, at the market and out of her home. She expects to make a monthly profit of 150,000 F CFA which will allow her to support her family (given that she is a widow).

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Translated from French by Kiva volunteer Teresa Kramer

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