A loan of $975 helped to purchase electronic equipment.

Zakaria's story

Born in January 1970 in Sikasso, Zakaria is married and a father of 8 children living in a large traditional extended family in Mancourani II, the central town of Sikasso (the third largest administrative region of the Republic of Mali). Zakaria is a radio and TV repair man, who decided in order to improve his business, to add the sale of second hand equipment to his repair business. He has a workshop in the 'grand marché' of Sikasso, and is much sought out by his ever growing customer base. With a view to better servicing this growing customer base, he decided several months ago to approach the microfinance institution Soro Yiriwaso. This is his first individual loan. Zakaria sells his appliances (TV, radio, mini HiFi systems, DVD etc) in his repair workshop to customers - mostly people who have brought in equipment for repair. With this first loan, he intends to purchase 10 DVD players, 5 29 inch TVs, 3 mini HiFi systems, and some CD players. This equipment comes from the Republic of Ghana. With this loan he expects to generate a monthly profit of 200,000 FCFA which will mostly be used to contribute to the family expenses, to pay the loan interest, and the rest will be invested in the business.

Translated from French by Kiva volunteer Alistair Assheton

Loan details

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Loan details