A loan of $1,025 helped to buy cereals.

Ali's story

Ali is a married father of two, and is 38 years of age. He lives with his wife and children in his father’s house, located in the Dialanicoro neighborhood of Bougouni.
He did not go to modern schools, and at a young age began working to earn money.
For years Ali sold livestock and lengths of African cloth, but did not have much success. As a result, he decided to get a friend to teach him how to buy and sell cereals. With over five years’ experience, he is now skilled in this activity and is much sought-after.
As he wanted to expand his business, Ali decided to collaborate with Soro Yiriwaso to buy one ton of corn, one ton of pearl millet and two tons of rice. He gets his supplies from Bougouni and the surrounding villages, as well as in the Wassoulou region, before selling it to mixed clientele in Bougouni market and also in Yanfolila.
This is Ali’s third loan with Soro Yiriwaso, and his previous two loans have been correctly repaid.
With this new loan he hopes to make a monthly profit of 70,000 francs CFA, which will mainly be used to expand his business.

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Translated from French by Kiva volunteer Paul Lambert

Loan details

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Loan details