A loan of $350 helped to buy welding supplies and equipment.


Boubacar Mahaye's story

Born on September 24, 1980 in Bougouni (region of Sikasso), Mr. Boubacar Mahaye C. is married and lives with his wife in a large traditional extended family in Babemba, an outlying district of Sikasso City (3rd administrative region of the Republic of Mali).  Not having had the chance to continue his education, he soon got introduced at a young age to a trade, namely metalwork.  He has been working for about a year with two apprentices in his own business.  And he is in high demand by most of his customers for the quality of his work.  At the moment, in order to respond better to the expectations of his every-growing customer base, he's requesting a loan from Soro Yiriwaso to purchase a welding machine, a grinding wheel, a few U and Z iron bars, welding rods, etc.  His supplies and equipment are bought locally and will be used to design products (chairs, tables, benches, etc.) destined for sale, for cash in particular.  With the loan, he envisions realizing a monthly profit of 95,000 francs CFA that will essentially be used to increase his business capital, to help cover family expenses, to pay the loan interest, and to invest the rest in his business.

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Translated from French by Kiva volunteer Daniel Kuey



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