A loan of $425 helped to purchase second-hand clothing.

Rokiatou's story

Mrs. Rokiatou is 26 years old, is married, and lives with her husband and their three children in Wayerma II, one of the working-class neighborhoods in the city of Sikasso (third administrative region in the Republic of Mali).

Mrs. Rokiato, having tried many businesses without success, learned this business purchasing and selling second-hand clothing more than five years ago. She runs her business at her neighborhood market and often as a traveling saleswoman in the city of Sikasso, where she is highly sought after by her customers for the quality of her products. In order to satisfy her ever-growing group of customers, she decided to join the microfinance institution Soro Yiriwaso more than four years ago. After two group loans in a group of women from her neighborhood and an individual loan that has been properly repaid, she is on her second individual loan.

With this loan, she plans to purchase five bundles of second-hand clothing of varying quality. (T-shirts, baby clothes, bed linens and lingerie, respectively.) She purchases her wares on site from wholesalers before reselling them at retail prices.

Mrs. Rokiato expects to see a monthly profit of 95,000CFA francs with this loan, which will be used to contribute to the family expenses, to pay the interest on her loan, and the rest will be invested in her business.

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Translated from French by Kiva volunteer Jessalyn Pinneo

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