A loan of $950 helped buy various products.

Issa's story

Mr. Issa D. is over 38 years old, and is the polygamous father of six children, of whom four are boys and two are girls. He lives with his four wives and their children in his own house in Médine, one of the working-class boroughs of Sikasso (third administrative region of the Republic of Mali).

After practicing several unsuccessful activities –farming being one of them- he soon began ten years ago stockpiling activities and commercialisation of agricultural products such as sugar peas and shea nuts.

Given his amount of experience, he enjoys a strong reputation and even receives a number of orders from outside the country. Unfortunately, he lacks the financial means to satisfy these requests. He therefore decided to join Soro Yiriwaso where he has already been granted two loans, both repaid in full.
Wanting to satisfy an ever-increasing customer base, he is requesting a third loan to buy 30 bags of sugar peas, one ton of corn, 5 bags of millet, and 10 bags of shea nuts.

He gets his supplies from villages in the vicinity of Sikasso and stockpiles them to start with at his store in the new area of Médine in Sikasso. He then transports the products to Abidjan (Côte d’Ivoire) and Bobo Dioulasso (Burkina Faso), in response to orders from factories producing sugar pea juice and shea butter. He sells grain crereals both wholesale and retail.

He hopes this loan will enable him to reach monthly earnings of 315,000 FCFA, which will be used to cover most of his own expenses, those of his family and to pay the loan interest. The remainder will be reinvested in his business activities.

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Translated from French by Kiva volunteer René McConnell

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