A loan of $1,025 helped to buy various products.


Sali's story

Sali was born in Garalo. She is 40 years old, married and the mother of five children. She lives in a polygamous household with her co-spouse, husband and children in Koutiala (which is in the Sikasso region).

For social reasons, Sali was unable to attend school, which is why she has been involved in various business schemes for several years. These include buying and selling cloth, shoes and other goods. Sali is much sought-after by her customers.

A few years ago, Sali decided to join the Soro Yiriwaso microfinance institution in order to increase the size of her business and satisfy her customers. Sali has taken out 2 solidarity loans (group loans), which were both reimbursed correctly. This is her third loan, which she is taking out as an individual. With this loan, she plans to build up her stock and buy ten dozen wallets, five dozen pairs of shoes and a pack of cooking utensils. She buys her stock at Cotonou and sells her products in Koutiala. Her customers include both men and women, who either pay cash or buy on credit. Sali hopes to make 150 000 FCFA monthly, which she will use to repay the loan, contribute to households expenses and fund her business.

Translated from French by Kiva volunteer Lucy Knight



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