A loan of $1,000 helped to buy livestock.

Arouna's story

Born around 1976 in Fakola, Mr. Arouna lives with his four children and wife in a large traditional extended family with other relatives, in Fakola. Not having had the chance to go to school, Mr. Arouna soon became interested in revenue-generating businesses, especially the buying and selling of animals (steers, goats, sheep, etc.) He is highly valued and in demand in and around Fakola.

After having correctly repaid the four previous loans, Arouna is now on his fifth loan that will be used for buying 2 steers and 30 sheep from villages. He makes his sales in cash or on credit in the Republic of Cote d'Ivoire and at the neighboring fairs. The customer base is composed essentially of butchers and livestock farmers.

Arouna hopes to make a monthly profit of 125,000 francs CFA that will be used to meet family needs, repay the loan, and reinvest in the business. His ambition is to build a house in which to live.

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Translated from French by Kiva volunteer Daniel Kuey

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