A loan of $1,000 helped too buy fish.


Batoma's story

Mrs. Batoma Singaré is 29 years old, married and the mother of 4 children. She lives in her husband’s paternal family with several other households in the Darsalam neighborhood near the Famory Doumbia hospital in Ségou (fourth administrative region of the Republic of Mali). Having left school during the 5th year of elementary school (Mali educational system), she went into a revenue-generating business very early with her mother, who sold smoked and dried fish. Provided with 5 years of experience, she decided to take off on her own, running the same business as her mother. Batoma sells dried and smoked fish and often some food condiments such as onions at the Château market in Ségou. She enjoys a great reputation in her sales area and even in her district. She frequently gets orders from Bamako and Kayes where she has clients. Her fish are carefully protected from flies and mosquitos. In the hope of increasing her working capital and satisfy her ever more demanding clientele, she turned to the Soro Yiriwaso microfinance institution. This is her first loan, which she plans to use to buy 200 kilos of dried fish and 150 kilos of smoked fish. She gets her stock on site in Ségou from fishermen's cooperatives. Mrs. Singaré accepts cash and credit and sells to a clientele composed of women and men. She anticipates making a monthly profit of 100,000 CFA, which will be used to provide for certain family expenses.

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Translated from French by Kiva volunteer Connie Archea



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