A loan of $525 helped to buy gourds and biscuits.

Safoura's story

Born on February 16, 1968 in Sikasso, Madam Safoura is a married woman. She is mother to three children and lives with her husband and their children in Banconi, one of the outlying neighborhoods of the town of Sikasso (third administrative region of the republic of Mali).

Madam Safoura, not having had the chance to go to school for social reasons, started buying and selling gourds and biscuits about fourteen years ago. She is very much requested especially by her clientele (consisting essentially of women) because of the quality of her products.

Due to the concern of better satisfying her clientele which is growing more and more, she decided to join the microfinance institution Soro Yiriwaso several years ago with which she has benefitted from several loans in solidarity (group loans) in an association of women of her neighborhood (Association AMIDEE in Banconi). She is currently on her third individual loan.

She is thus requesting this third individual loan to buy 10 parcels of gourds and 5 cartons of biscuits.

She has a stand at the market of their neighborhood where she sells her merchandise for cash and credit to a clientele made up essentially of women.

With this loan she envisions making an average monthly profit of 100,000 FCFA which will be used to contribute to the family expenses, pay the interest on her loan and invest the rest in her business.

Translated from French by Kiva volunteer S Mason

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