A loan of $800 helped to purchase 2 tons of rice, 5 bags of sugar, and 2 cartons of tea.

Fassoun's story

Fassoun is 46 years old and lives with his six children and wives in a traditional family in Faraba, one of the villages of the sub-prefecture Ouelessebougou in the Region of Koulikoro.

Fassoun did not have the opportunity to attend school. Early on, he became interested in working, most notably in the purchase and sale of cereals and other various items. He learned about this trade from his maternal uncle, who was an important merchant of grains and misc. articles. Faced with the challenge of satisfying his growing clientele, he decided to work with Soro Yiriwaso.

He is on his third individual loan, which will be used to buy 2 tons of rice, 5 bags of sugar, and 2 cartons of tea from the wholesalers of Bamako, which he then sells retail in Faraba both in credit and cash to a mixed clientele.

Fassoun hopes to earn a monthly income of 100,000 FCFA, which he will use to pay back the loan, while reinvesting the rest in his business.

Translator profile picture

Translated from French by Kiva volunteer Michael Mszanski

Loan details

Lenders and lending teams

Loan details