A loan of $1,100 helped to purchase ingredients for her food-serving business.

Kadia's story

Mrs. Kadia S. is 39 years old. She lives with her husband and four children in Kaboila I Natien, in the center of the city of Sikasso (the third administrative region of Mali). After having tried many business activities without success, over 15 years ago Mrs. Kadia S. decided to start cooking food for sale. She sells by their family home, in front of the former Regional Office for Social Affairs, every day. Her business is very popular with customers because of the high quality of her products.

In order to meet the growing customer demand, over four years ago she decided to turn ot the Soro Yiriwaso microfinance institution. After several solidarity loans (group loans) under the auspices of the local women’s association, she is now on her 11th individual loan. All her prior loans have been duly repaid.

With this 11th loan, she plans to buy five bags of potatoes, five packs of “Maggi” bouillon cubes, three jugs of vinegars, 40 packs of “attieke” (a traditional manioc-based dish), 35 kg of beef, 50 kg of fresh fish, five liters of vegetable oil, three bags of charcoal, bread loaves, plantains etc. She buys her wares locally and sells for cash and on credit to a customer base composed generally of young (unmarried) people, mostly vendors, as she is based near the area where cereal warehouses are located. She plans to achieve a monthly income of 300,000 West African Francs, which will be used mainly for covering family expenses and paying the interest on her loan, with the rest reinvested in her business.

Translator profile picture

Translated from French by Kiva volunteer Katharina S

Loan details

Lenders and lending teams

Loan details