A loan of $1,050 helped to buy more textiles to sell.

Mohamed Alpha's story

Mohamed Alpha K. is married and has seven children, of whom three are school-going. He is 38 years old.

Mohamed entered the trading world as a petty trader selling articles such as Sudrex (pain relieving and fever reducing tablets), cream, Vaseline, paste, brushes, etc. Having raised some substantial amount of money he then switched from the sale of articles to textiles materials. He now owns a shop close to a popular cotton tree. He has ten years experience in business.

Mohamed is therefore seeking a loan to buy more stock so as to generate more income. He intends to open a savings bank account that he will use to educate his children and eventually construct a dwelling house.

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Loan details