A loan of $325 helped to buy fuel.


Tahirou's story

Tahirou was born in 1975 in Sikasso. He is married and has three children. They live in a large, traditional family in Kaboïla I, a popular neighborhood of Sikasso (third administrative region of the Republic of Mali). Tahirou didn't have the opportunity to go to school. He started buying and selling items at a young age. For more than a year he has been buying and selling fuel (gas, diesel, lamp oil). Tahirou has a sales location which is doing very well and he is very well liked by his customers. Given the lack of resources, he sees himself as being unable to meet his customer demand which is continually growing. For this reason, he joined Soro Yiriwaso microfinance institution and his first loan will be used to boost his business. This will allow him to better satisfy his customer demand and increase customer loyalty. Tahirou will use this loan to buy six 20-liter containers of gas and eight 20-liter containers of diesel at the pump here in Sikasso in order to sell them retail to a customer base who mainly own two-wheeled vehicles. With this loan, Tahirou plans to make a monthly profit of 90,000 francs. The income he makes from this business will allow him to repay his loan and meet his family's needs. He will invest the rest in his business.

Translated from French by Kiva volunteer Linda Oxnard



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