A loan of $825 helped to buy used cotton oil and lye.

Yaya's story

Mr. Yaya is 25 years old, unmarried, and lives with his father in a large traditional household in Sanoubougou I, one of the surrounding areas of the city of Sikasso (the third administrative region of the Republic of Mali).
Having tried numerous activities without success, Mr. Yaya started making traditional soaps (black soaps) about six years ago - he learned this trade from his mother. He runs his business at home, where he is highly sought-after by his clientele due to the quality of his products. To satisfy his increasingly growing clientele, he decided to join the microfinance institution Soro Yiriwaso, with whom he is on his second individual loan.
With this new loan, he intends to buy eight barrels of used cotton oil (black mix), six bags of lye, and three cartloads of firewood. After making the soap with a base of used cotton oil and lye, he sells them at retail to a clientele composed mostly of women from the area.
With this loan, he foresees realizing a monthly profit of 100,000 FCFA, which will be used to contribute to the family expenses, pay the interest on his loan, and reinvest in his business.

Translated from French by Kiva volunteer

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