A loan of $1,075 helped to buy 15 goats and some animal feed.


Saliou's story

This borrower is a young teacher, aged 39. He is the oldest of a family of six children, including a daughter who just got her high school diploma. No one in his family has a steady job. The borrower is married and the father of a young daughter. During the three months of vacation in the academic year, he has to work at fattening cattle and agriculture in order to increase his revenues, so as to cope with many family expenses.

Thus, he buys goats that he fattens over a period of four months. And then he sells them at the weekly markets in the area. A goat costing him 25,000 francs is resold for 50,000 francs, the profit amounting to 50% a head.

To expand his market, he is requesting a loan of 484,000 francs to buy 15 goats and some animal feed. His greatest wish is to set up a livestock farm one day.

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Translated from French by Kiva volunteer Daniel Kuey



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