A loan of $800 helped to purchase ingredients for her restaurant business.


Minata's story

Minata is a 56-year old widow. She lives with her four children and her deceased husband's large family in the district of Kaboïla II, at the center of Sikasso. After having attempted several different business ideas with little success, Minata discovered the restaurant business, where she has been working for about six years. She maintains her restaurant in front of a school. Every day, her customers (consisting of students and teachers) line up for her quality meals.

In order to satisfy her constantly growing customer base, Minata decided to join the microfinance institution Soro Yiriwaso. She has now been a member of the organization for over a year. With two personal loans fully repaid, she is currently seeking a loan to buy 10 bags of potatoes, 45 kilograms of beef, 60 kilograms of fresh fish, 15 liters of cooking oil, five packs of Maggi (bouillon flavoring cubes), five bottles of vinegar, 30 packets of attiéké (local dish prepared from fermented, dried cassava pulp), four sacks of charcoal, 50 loaves of bread, and plantains for making aloko (thinly sliced, deep-fried plantains).

Minata hopes to make a monthly income of 190,000 FCFA. She will use her income primarily to contribute to family expenses, and to pay the interest on her loan. She plans to use the remainder to re-invest in her business.

Translated from French by Kiva volunteer Jane Coe



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