A loan of $725 helped to purchase fruit and vegetables.

Korotoumou's story

A married mother of three children, Ms. Korotoumou was born in 1977, in Koutiala, and she lives in a nuclear family with her husband and children in the Médina Coura district of Koutiala prefecture (Region of Sikasso).

Korotoumou did not have the chance to continue in her primary school studies, and so she became interested in revenue-generating businesses at an early age. After having run several businesses without success, she finally got started in selling fruit & vegetables and soft drinks over five years ago. Korotoumou finds that his business brings in enough income, and it is doing well, since fruit & vegetables are foods that we need to be healthy.

To satisfy her customers in terms of quality and quantity, and to increase the size of her business, she decided to turn toward the microfinance institution Soro Yiriwaso about four years ago. After having taken out five solidarity loans (group loans), all properly repaid, she is now on her fourth individual loan.

With this loan, she intends to purchase as needed some baskets of fruit & vegetables that she sell. She gets her supplies from the different weekly fairs in the villages surrounding Koutiala. And she makes her sales, cash or credit, at the big market of Koutiala. Her customer base includes men and women.

Korotoumou plans on making an average profit of 60,000 francs CFA per month. She envisions using her profits for repaying the interest and helping to cover day-to-day family expenses. The rest will be invested in her business.

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Translated from French by Kiva volunteer Daniel Kuey

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