A loan of $600 helped purchase of cassette radios and televisions.

Sahibou's story

Mr. Sahibou Koné 28, is married without children, and lives in a big traditional family in Koko, a neighborhood of Fakola (a county) in the third region (Sikasso) of the Republic of Mali. Sahibou has been buying and selling various items, notably electronic goods, for the past five years. His store is at the open-air market of Fakola.

To expand his working capital, he joined Soro Yiriwaso's loan program and he is on his first individual loan. With this loan he is intending to buy ten cassette radios, two televisions, some new cassettes for dubbing, and various other electronics goods. He buys his inventory from traveling salesmen who come from Côte d’Ivoire and he makes his sales for cash and often on credit to a varied and diverse clientele.

He expects to make a monthly profit of 25,000 F CFA which will be essentially reinvested in his business and used to cover healthcare expenses.

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Translated from French by Kiva volunteer Teresa Kramer

Loan details

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Loan details