A loan of $1,075 helped purchase of clothing.

Sali's story

Sali B. is 46 years old. She is a married woman and mother of six children. She lives with her spouse and their children in Mamassoni, one of the outlying neighborhoods of the town of Sikasso (third administrative region of the Republic of Mali).

This woman never had the opportunity to make a go of her schooling because of socio-economic reasons. Ten years ago she taught herself a small business activity, purchasing and selling “pagnes wax” [wrap around fabric Wax Hollandais], embroidered cloth, and dyed damask etc…. She is very much sought after, especially by her customers (made up mostly of women) because the quality of her products.

With the intention of better meet her ever increasing customers’ demand she decided, five years ago, to join the microfinance institution Soro Yiriwaso. She has received several solidarity loans (group loans) in a neighborhood woman’s association. This is currently her twelfth individual loan which will enable her to buy 8 sets of embroidered cloth, 18 bolts of “pagnes wax”, 8 sets of less-rich damask in color, in Bamako. All her previous loans have been fully reimbursed.

She has a stall at the neighborhood market where she sells her merchandise for cash or on credit to customers who are mostly women. On fair days, she often brings her goods to the villages surrounding the town of Sikasso to sell them.

With this loan, she is planning to make a monthly profit of 215 000 francs CFA which will be used mostly to participate to the family expenses, pay the loan, and invest the rest in her activity.

Translator profile picture

Translated from French by Kiva volunteer Veronique Fourment

Loan details

Lenders and lending teams

Loan details