A loan of $475 helped to buy couscous and milk.

Koumba's story

Ms. Koumba is 47 years old, married, and the mother of three children. She lives with her children in a traditional family in the Pelengana Sud district of Ségou (4th administrative region of the Republic of Mali). A nurse's aid by training, she also works in commerce. She has sold televisions, radio-recorders, rice, provisions, milk, and freezers. She has been working in commerce for seventeen years. She has loyal customers, who are generally medical personnel and other civil servants.

With the goal of increasing her working capital to cope with customer demands, she is requesting this new loan from the microfinance institution Soro Yiriwaso. She has been associated with it for 78 months. After three solidarity loans and five individual loans, all completely repaid, she is now on her sixth individual loan, which she plans on using to buy a box of milk and 50 boxes of couscous. She gets her supplies from Timbuktu.

Ms. Koumba accepts cash or credit from a customer base composed of men and women. She envisions making a monthly profit of 85,000 francs CFA. This will enable her to cover family expenses and to finish building her house.

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Translated from French by Kiva volunteer Daniel Kuey

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