A loan of $650 helped to buy raw materials for jewelry.


Mamadou's story

Born in November 1990 in Sikasso, Mr. Mamadou is unmarried and living in a large traditional family in Zimbougou, Prefecture of Sikasso. Mamadou got started in this jewelry business about four years ago. His business operates in a workshop in Sikasso City and has a customer base composed of all level of society. He is much in demand by his customers for the quality of his services.

Concerned about further satisfying his burgeoning customer base, he decided to join the microfinance institution Soro Yiriwaso, with which he has benefited from an initial individual loan that was properly repaid.

He is therefore requesting this second loan to buy some raw materials: 700 g of gold and 15 pieces of silver and of zinc for making into jewelry and bracelets to be sold at his shop.

With this loan, he envisions making a monthly profit of 150,000 francs CFA that will be used to help with family expenses and pay the loan interest. The rest will be invested in his business.

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Translated from French by Kiva volunteer Daniel Kuey



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