A loan of $875 helped purchase of bails of second hand clothes.

Madina's story

Madam Madina D., age 42, is married and the mother of 6 children. She lives in a monogamous home with her husband and their children in the Hamdallaye neighborhood of Ségou city (fourth administrative region of the Republic of Mali).
Madina dropped out very early from school in the 7th basic year( Malian educational system) in favor of braiding. Besides braiding, she also learnt a business from her mother who sold rice and fire wood. Having married, her husband owns a second-hand clothes shop and she opted to practice this business about 12 years ago in the big market of Ségou where she enjoys a huge reputation.
With the aim to increase the volume of her business, she turned to Soro Yiriwaso. She‘s been in contact with Soro Yiriwaso since 4 years. After having repaid correctly 4 group loans and 2 individual loans, she is on her 3rd individual loan.
She intends to use this loan to buy 5 bails of second hand clothes from wholesalers in the big Ségou market and sells by retail and usually cash sale to her customers made of men and women in the premise of the big Ségou market and to households in Hamdallaye. Madam Madina D. intends to make a monthly profit of 50.000FCFA which will be used to take care of some family needs, to repay the interest of the loan and to make a bit of saving. Her ambition is to build a house to live in.

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Translated from French by Kiva volunteer Cletus Kuunifaa

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