A loan of $925 helped to buy two sewing machines.


Mamadou's story

Monsieur Mamadou Koné is 29 years old, married, and father of one child. He lives in a traditional extended family with several other families in the Darsalam neighborhood in Ségou (the fourth administrative region of the Republic of Mali).

Mamadou abandoned his studies in the third grade of basic school (Malian educational system) for personal reasons. He then started to learn the tailoring trade alongside his uncle for three years.

After this stage of his apprenticeship, during which he learned a great deal, he decided to branch out on his own; that was fourteen years ago now. He has a great reputation due to his genius for creating unique items. In addition to his tailoring business, Mamadou Koné also occasionally sells grain.

In an effort to improve his business, he has turned to the loan program offered by the micro-finance institution Soro Yiriwaso. This is Mamadou's first individual loan, with which he intends to buy two 20U sewing machines. He buys his supplies locally in Ségou. He makes the clothes and sells them for cash or credit to both men and women.

With this loan he hopes to generate a monthly income of 100,000 FCFA, which will allow him to take care of his expenses (e.g., food, clothing) and provide for the needs of his workshop.

His ambition is to get into commercial grain storage in Ségou.

Translated from French by Kiva volunteer



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