A loan of $725 helped to buy various items.

Mahoua's story

Mahoua is 44 years old, married and the mother of 7 children. She lives with her husband and their children in a large traditional family in Sikasso. After trying several activities without success, for the last 10 years Mahoua has been working as a small-scale retailer, buying and selling clothing supplies (wax cloth known as "pagne," embroidered fabric, etc) and handbags. She buys these items locally from wholesalers from Bamako and Sikasso then re-sells at the market where her products are very much in demand for their high quality. Most of her customers are cleaning ladies and sellers of condiments.

In order to meet the demand from her growing number of customers, she decided to join micro-finance institution Soro Yiriwaso. Mahoua has properly repaid the first loan and is now on her second, which she will use to increase her working capital so she can buy 20 outfits made from embroidered fabric, 15 lengths of "pagne," 15 handbags and women's necklaces. [With this first loan] she expects to make a profit of 175,000 CFA francs a month which she will mostly use to contribute to family expenses and pay interest on the loan. The rest will be reinvested in her business.

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Translated from French by Kiva volunteer Sarah Puchner

Loan details

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Loan details