A loan of $1,025 helped to buy replacement parts and fabrics.

Matogoma's story

Matogoma is 28 years old, married and the mother of 3 children. She lives with her husband in Lafiabougou, one of the outlying districts of the town of Sikasso (3rd administrative region of the Republic of Mail). Matogoma, having already tried several businesses without success, started her tailoring and sewing business 11 years ago. Her sewing workshop is located at the Sikasso Grand Market, where she already has 4 sewing machines, 2 of which are embroidery machines and 2 of which are simple sewing machines. Matogoma is much in demand by her clientèle because of the quality of her services.

In order to better satisfy her growing clientèle, Matogoma decided to join the Soro Yiriwaso microfinance institution. After 2 individual loans which have been properly repaid, she is now requesting a 3rd individual loan which will enable her to buy some replacement parts for her 4 machines and 50 metres of fabric to sew and resell so that she can better respond to the expectations of her ever-growing customer base.

Matogoma expects to make a monthly profit of 200 000 francs most of which will be used to contribute to the family expenses and to pay the loan interest. The rest will be reinvested in her business.

Translated from French

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Loan details