A loan of $1,000 helped to purchase DVDs, TVs, mobile phones and phone accessories for resale.

Kalidou's story

Born around 1983 in Sikasso, Kalidou is single and lives with his father. They both live with their large traditional family in Medina, one of the popular districts in the city of Sikasso.

For over two years, Kalidou has been running his business buying and selling mobile phones and their accessories (face plates, batteries, chargers, earphones, etc.). He conducts his business in his own shop located on the side of a very busy road, and his clientele is composed of people from all walks of life. He is very sought after by his clients due to the high quality of the products he sells.

In order to better serve his ever-increasing customer base, twelve months ago Kalidou decided to join the microfinance institution Soro Yiriwaso. He is on his second loan with the institution. With this loan, he plans go to Bamako (the capital of Mali) to purchase 15 DVDs, eight televisions, 45 mobile phones of different brands, five cartons of face plates, 15 phone chargers, 25 packs of memory cards, 15 cartons of batteries, and 12 dozen assorted earphones.

He hopes to earn a monthly income of 275,000 FCFA. This income will be used primarily to contribute to family expenses, to pay the interest on his loan and to re-invest in his business.

Translated from French by Kiva volunteer Jane Coe

Loan details

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Loan details