A loan of $325 helped to buy firewood.

Afouchata's story

Ms. Afouchata is a married woman over 27 years old and the mother of three children. She lives with her husband and their children in Wayerma II, a working-class district in Sikasso City (3rd administrative region of Mali).

Not having had the chance to advance in her studies, Ms. Afouchata soon became familiar with revenue-generating businesses, especially the buying and selling of firewood six years ago. She enjoys a strong reputation in this business and receives many special orders.

Thus, she decided to join the microfinance institution Soro Yiriwaso three years ago. After three solidarity loans with a women's association in her district, she is now on her first individual loan.

This first individual loan will enable her to buy two 10-tonne truck-loads of firewood from towns surrounding Sikasso in order to meet the needs of her ever-growing customer base.

Her merchandise is sold out of her home and at the district market, wholesale and retail, to a diversity of customers.

With this loan, she envisions making a monthly profit of 90,000 francs CFA that will be used to cover most of her expenses, help with family expenses, and pay the loan interest. The rest will be invested in her business.

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Translated from French by Kiva volunteer Daniel Kuey

Loan details

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Loan details