A loan of $525 helped buy saltwater fish.

Diarrah's story

Diarrah is 56 years old. She lives in a large family in the Lafiala district of the city of Koutiala. She was not given the opportunity to attend school, which explains her commitment to commercial activities.

After conducting several activities without much success, she now opted for the retail trading of saltwater fish. Saltwater fish are the most popular because they are more affordable than freshwater fish.

To increase her turnover, she decided to join the Soro Yiriwaso micro-finance institution years ago. After six solidarity loans (group loans) all reimbursed without difficulty or delay, she is on her first individual loan.

With this loan she will buy a hundred cartons of fish (for storage, in order to overcome the problem of shortage of stock which is common among providers in the community). She makes her roadside sales on the outskirts of the city of Koutiala to a clientèle composed of women and men, for cash and credit.

She expects to make profits of 90.000 FCFA per month. She will use it to pay loan interests to Soro Yiriwaso, support herself and invest the rest in her business activity. She always depends on funding from Soro Yiriwaso to expand and diversify her business activity..

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Translated from French by Kiva volunteer René McConnell

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