Funded

Total loan: $325
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Amadou

Mali
Mandela, Mali / Food Production/Sales

A loan of $325 helped to buy condiments.


Amadou's story

Amadou was born in 1962 in Karaguana-Malle/Koutiala. He lives with his two wives and their 12 children in Mandela, the third largest administrative region in Mali. He has been in business for two years. His experience in this field has given him a good reputation and he receives orders from various customers. In order to have the means necessary to satisfy these customers, he decided to work with Soro Yiriwaso, a microfinance oragnization, two years ago. His prior loans have been fully repaid. This new loan will enable him to buy an inventory of condiments such as sounbala, lorie, fiefie, Maggi seasoning, tomato concentrate, onions, and garlic. He stocks up at the Sikasso market. His sales are made in Mandela at his home and at the village market. He is helped by his wives. His customers consist of mostly women from his village and the surrounding area. With this loan, Amadou expects to earn an average monthly profit of 24,500 FCFA. This profit will allow him to pay the interest on his loan and to invest the rest in his business.

Translator profile picture

Translated from French by Kiva volunteer Frances Hsieh



Loan details

Loan length:

10 months
Disbursed date: December 24, 2012
Facilitated by Field Partner: Soro Yiriwaso, a partner of Save the Children

Lenders and lending teams



Loan details

Loan length:

10 months
Disbursed date: December 24, 2012
Facilitated by Field Partner: Soro Yiriwaso, a partner of Save the Children