A loan of $725 helped to buy sheep and goats.

Mamoudou Garba's story

Mamoudou Garba is more than 39 years old. He has two wives and is the father of four children. He lives with his wives and children in a nuclear family in Lafiabougou, a densely-populated neighborhood of Sikasso (third administrative region of the Republic of Mali).

After having run a number of unsuccessful businesses, Mamoudou Garba decided to start a business selling roast meat (sheep and goats). He has been in this business for 18 years now and has a roadside sales location in Mancourani II.

Mamoudou Garba decided to join Soro Yiriwaso microfinance institution and request his first loan as he wanted to be able to better satisfy his growing number of customers. With this first loan, he plans to buy 5 sheep and 5 goats from nearby towns. These animals will be slaughtered so that he can roast them and sell their meat to a customer base made up of both men and women. Mamoudou Garba hopes to make a monthly profit of 13,000 francs from this loan. He will use the money to contribute towards his family expenses, pay the interest on his loan and invest in his business.

Translated from French by Kiva volunteer Linda Oxnard

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