A loan of $825 helped to buy plantains and potatoes.

Korotoumou's story

Korotoumou was born in Niangasso, Sikasso, in 1969. She is married, has two children, and lives with her husband in Hamdallaye, Sikasso. Korotoumou set up her business buying and selling fruit, veg and tubers more than twenty years ago. She sells her produce from her stall in the market and she has a lot of demand from customers owing to the good quality of her goods. In order to satisfy her ever-growing customer base, she decided to join the Soro Yiriwaso microfinance institution approximately one year ago. Having paid back her previous individual loan on time and in full, she is now requesting her second loan which will allow her to increase her working capital and buy half a pick-up truck load of plantains and 10 sacks of potatoes.

Korotoumou buys her produce directly from farmers who come from surrounding villages. She then re-sells the produce at the new Médine fruit and veg market. Most of her customers are itinerant merchants and they come from all over.

With this loan, Korotoumou plans to make a monthly profit of 170,000 francs. She will use this money to increase her working capital, cover family expenses and pay the interest on her loan.

Translated from French by Kiva volunteer Linda Oxnard

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