A loan of $375 helped to buy clothing.

Aminata's story

Ms. Aminata is 47 years old, married, and the mother of two children. She lives with her children in the Bagadadji district of Ségou City (4th administrative region of the Republic of Mali).

Aminata left school in the 9th fundamental year (Malian system of education) after successive failures at earning her D.E.F. (certificate of basic education). Thus, she started working in revenue-generating businesses by herself selling ice, clothing, and fruit juices. She finally opted for selling clothing over fifteen years ago.

With the goal of increasing her working capital to cope with customer demands, she turned toward the microfinance institution Soro Yiriwaso, with which she has been associated for 60 months. After four solidarity loans and three individual loans, she is now on her fourth individual loan. She plans on using this loan to buy 20 outfits of embroidered 'pagnes' (the colorful cloth of western Africa). She gets her supplies from Burkina Faso.

Ms. Aminata accepts cash or credit from a customer base composed of men and women. She envisions making a monthly profit of 50,000 francs CFA. This will enable her to cover family expenses and to make her business sustainable. Her ambition is to build a house.

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Translated from French by Kiva volunteer Daniel Kuey

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