A loan of $1,000 helped to buy some lumber.

Diakalia's story

Mr. Diakalia was born around 1971 in Sikasso. He is married and the father of four children. He resides with his wife and their children in a large traditional extended family in a district in Bougoula City, the downtown of Sikasso.

Mr. Diakalia became familiar with the furniture-making trade at a young age with his father, who used to be a well-known master craftsman in high demand by the people of Sikasso.

Privileged with such experience in this domain, Mr. Diakalia received many orders, but the means at his disposal are inadequate for further satisfying all of the ever-growing need. So he decided to join the microfinance institution Soro Yiriwaso about three years ago and is now on his third individual loan there.

Thus, he is requesting this third loan to buy two 10-tonne truckloads of rafters and boards, plus a load of plywood. He purchases his lumber from surrounding towns (Tinkrela, Denderso, Lobougoula, etc.) and then saws them before taking them to Sikasso to be made into furniture, benches, picnic tables, desks, and chairs for resale.

With this loan, he envisions making a monthly profit of 330,000 francs CFA that will be used for helping with family expenses and paying the loan interest. The rest will be invested in his business.

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Translated from French by Kiva volunteer Daniel Kuey

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