Funded

Total loan: $850
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Zoumana

Mali
Fakola, Mali / Fish Selling

A loan of $850 helped buy smoked fish.


Zoumana's story

Mr. Zoumana Konate is 40 years old, married and the father of four children. He lives in a large traditional extended family in the Koko borough of the sub-prefecture of Fakola, part of the Kolondieba prefecture in the third region (Sikasso) of the Republic of Mali.

For social reasons, Zoumana Konate prematurely quit school to pursue revenue-generating activities with his grandfather, whose occupation was the retail trading of fish. After years of apprenticeship, Zoumana decided to practice on his own the same activity as his grandfather, and has been in this line of business for the past ten years. He is very much in demand and is well appreciated by housewives and retailers from neighbouring villages.

Wanting to satisfy his ever-increasing customer base, he joined the Soro Yiriwaso MFI’s credit loan program. He is beginning his second loan cycle having correctly reimbursed the first.

With this loan he intends to buy 1000 kilos of smoked fish from fishermen at the Kolondieba and Bamako markets, or sometimes at fishermen campsites.

He hopes to attain monthly earnings of 125,000 FCFA. The profits will be invested in healthcare and the construction of a new home.

Translator profile picture

Translated from French by Kiva volunteer René McConnell



Loan details

Loan length:

11 months
Repayment schedule: Irregularly
Disbursed date: October 12, 2010
Facilitated by Field Partner: Soro Yiriwaso, a partner of Save the Children

Lenders and lending teams



Loan details

Loan length:

11 months
Repayment schedule: Irregularly
Disbursed date: October 12, 2010
Facilitated by Field Partner: Soro Yiriwaso, a partner of Save the Children