A loan of $425 helped to buy Wax pagnes and embroidered fabrics.

Anta's story

Anta was born in Diankabou 50 years ago and is married with 4 children. She lives with her husband and their children in the town of Sikasso (3rd administrative region of the Republic of Mali). Anta started trading in clothing 20 years ago, after several failed business ventures. She sells clothes in her local district and surrounding towns, and is much in demand due to the high quality of her products. She decided to join the Soro Yiriwaso microfinance institution about a year ago in order to be able to satisfy increasing customer demand. She is now requesting a second loan from the institution, having fully repaid the previous one. She will use the money to buy 15 Pagnes Wax (traditional, sarong-like clothing) and 5 suits of embroidered fabric. She normally buys her merchandise in the town of Bobo Dioulasso (in Burkina Faso), before getting it tailored and ready for resale. She sells the clothes for cash or credit to a mixed clientele of men and women.

Anta thinks she will achieve a monthly profit of around 100 000 FCFA, which will mainly be used to increase her business, contribute to her family's expenses and pay off the interest on her loan.

Translated from French by Kiva volunteer

Loan details

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Loan details