A loan of $675 helped to purchase food products.

Mariam's story

Born on December 26, 1963 in N’Kourala, Sikasso Prefecture, Mariam Koné is a widow and the mother of four children. She lives with her children in Médine-Sikasso (third administrative region of the Republic of Mali).
Following the loss of her husband seventeen years ago, Mariam Koné got started in business by buying and selling food products. She sells at the new market where she has a shop and a display. She is very much sought after by customers for the quality of her products.
In order to meet the needs of her ever-growing customer base, she decided to join the Soro Yiriwaso microfinance organization. She has already received a first loan that she even paid off in advance.
In order to keep on boosting her activity, she is requesting a second loan that will enable her to purchase 15 sacks of onions of different types, 5 sacks of potatoes and a large stock of food condiments.
She buys her supplies locally from farmers coming from nearby villages and in the Yorosso and Kouri weekly markets close to the Mali-Burkina Faso border. She sells these products for cash, retail or wholesale, during fair days to a customer base comprising mainly fair vendors.
With this loan, she hopes to make a monthly profit of 175,000 CFA francs that will be mostly used to increase her working capital, help with family expenses and pay the interest on her loan.

Translated from French by Kiva volunteer Marie-Elodie Bazy

Loan details

Lenders and lending teams

Loan details