A loan of $925 helped to buy mobile phones and accessories.


Drissa's story

Born in 1983 in Sikasso, Mr. Drissa is married and lives in a traditional extended family that includes his brother in Kaboila II, a working-class district of the city of Sikasso (the third administrative region of Mali). Not having had a chance to pursue academic studies, Drissa went into sales. He has been selling mobile phones and accessories (covers, batteries, charges, earphones etc) for about three years. He sells from his own stall at the big market of Sikasso. His customers come from all socioeconomic groups and many are stallholders at the market. His business is very much sought after due to the quality of his products. With the goal of better meeting the growing demand, he has decided to join the Soro Yiriwaso microfinance institution. After four prior loans, all duly repaid, he is seeking a fifth credit in order to buy in Bamako 40 mobile phones of different brands, four boxes of covers, 30 chargers, 25 packs of memory cards, 10 boxes of batteries and two dozens of headphones. Thanks to this loan, he plans to achieve a monthly income of 220,000 West African francs, which will be used to contribute to the family budget and repay the interest on his loan, with the rest reinvested in his business.

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Translated from French by Kiva volunteer Ekaterina Sukhanova



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