A loan of $1,000 helped to buy raw materials for making soap.

Rokia's story

Rokia is 42 years old, married, and mother of two children living with her husband in a nuclear family in Sanoubougou I in Sikasso (third largest administrative region in the Republic of Mali).

After having tried her hand at many types of business without success, Rokia started making soaps nine years ago using a technique that she learned from a friend. She runs her business from her marital home, and she is is high demand due to the quality of her products. Three years ago, she decided to join the micro-finance institution, Soro Yiriwaso, in order to satisfy her growing customer base. She has received five group loans as a member of an association of women from her neighborhood (Association BRILLANT de Sanoubougou I). This is her first individual loan. The loan will allow her to increase her working capital so that she can buy the raw materials that she needs (cottonseed oil, lye, cottonseed oil waste, black soap paste).

She plans to use the loan to buy 10 containers of cottonseed oil, 10 containers of cottonseed oil waste (black soap paste), 3 bags of lye, 4 packets of scents, and 4 cartloads of firewood. She buys the raw materials in her local area and in Bobo Dioulasso (Burkina Faso). After making the soap, she sells it retail to a clientele made up mainly of women from her town.

With the loan, she expects to earn a monthly profit of 195,000 FCFA, which she will use mainly to grow her business, contribute to family expenses, and pay the interest on her loan.

Translated from French by Kiva volunteer Holden Ferry

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