Funded

Total loan: $525
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Mah

Mali
Sikasso, Mali / Food Production/Sales

A loan of $525 helped to buy condiments.


Mah's story

At 48, Madame Mah is married and the mother of four children (three boys and one girl). She lives with her husband and their children in the town of Sikasso.

After having tried several businesses without success, she began, more than 10 years ago, to engage in this money-earning activity selling condiments. She has a great reputation and a stall in the marketplace.

Wishing to satisfy her ever-growing clientele, she decided to join the micro-finance institution Soro Yiriwaso about five years ago. After three correctly reimbursed individual loans, she is now on her fourth loan which will permit her to grow her working capital so as to buy (in Sikasso) five buckets of peanut butter, four cartons of Maggi cubes, three cartons of tomato paste, five sacks of onions, and five cartons of mustard.

Madame Mah sells her goods for cash and credit to a clientele composed of all comers. With this loan she expects to make a monthly profit of 100,000 F CFA which she will use to contribute to the family budget, pay the interest on her loan, and invest the remainder back into her business.

Translator profile picture

Translated from French by Kiva volunteer Teresa Kramer



Loan details

Loan length:

9 months
Disbursed date: September 15, 2011
Facilitated by Field Partner: Soro Yiriwaso, a partner of Save the Children

Lenders and lending teams



Loan details

Loan length:

9 months
Disbursed date: September 15, 2011
Facilitated by Field Partner: Soro Yiriwaso, a partner of Save the Children