A loan of $1,000 helped to buy hardware items.

Seydou's story

Mr. Seydou is a married 28-year-old. The father of one child, he lives in a monogamous family with his wife and child in Ouelessebougou. After unsuccessfully trying several business, he decided to begin retailing hardware items. In search of additional financial resources, he joined Soro Yiriwaso's credit program. He is currently on his second individual loan after paying back the first without difficulty.

With this loan, Mr. Seydou plans to buy a large quantity of hardware items, including light bulbs, locks, paint, concrete rebar, and cement in Bamako, which he will stock in his store and sell in the Ouelessebougou market. His customers include both men and women. He operates his business year-round and buys his products twice a month.

Mr. Seydou hopes to make a monthly profit of 200,000 FCFA, which he plans to use to cover his family's expenses and to invest in his business.

Translated from French by Kiva volunteer

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Loan details