A loan of $1,100 helped to purchase clothes.


Kansé's story

Mr. Kansé is over 32 years of age, married and a father of two. He lives with his family in Sanoubougou I, one of the popular districts of the city of Sikasso (third administrative region of the Republic of Mali). After unsuccessfully trying his hand at different activities, Mr. Kansé learned the trade of clothing retail, primarily in ready-to-wear, which he sells in his shop at the Sikasso bus station. He is very much in demand with his clients thanks to the quality of his products. To satisfy his ever-growing clientele, he decided to join micro-finance organization Soro Yiriwaso about four years ago. He is on his fourth individual loan, after correctly repaying the previous three. This new loan will make it possible for him to buy 20 different shirts, 17 pairs of trousers of varying quality, 20 different pairs of shoes (from brands such as Souliers, Ferardine, etc.), 4 suits, 8 T-shirts and 3 underwear sets. He gets his products from wholesalers in Bamako before retailing to a clientele generally composed of travelers and of many drivers. With this loan, he is expecting to make a monthly profit of 300,000 FCFA, which will mainly be used to contribute to the family's expenses and to pay his loan's interests, with the remainder to be reinvested in his business.

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Translated from French by Kiva volunteer Charlotte Buecheler



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