A loan of $525 helped to purchase tubers to sell.

Mamou's story

A married mother of six children, Mamou is 40 years old and lives with her husband and children in a large traditional family in Koutiala (Région de Sikasso). For societal reasons, she did not have the chance to continue her education, and so she soon became interested in revenue-generating businesses at an early age at her mother's side. After having run several business without success, she finally became specialized in selling tubers ten years ago. Mamou finds that this business brings in enough income.

To satisfy her customers, she decided to turn toward the microfinance institution Soro Yiriwaso over eight years ago. After some solidarity loans (group loans), all properly repaid, she is now on her 13th individual loan, where the previous twelve were properly repaid.

With this loan, she intends to purchase 20 sacks of potatoes and 5 sacks of yams in Sikasso from peasant producers and often from wholesalers. Accepting cash or credit, she makes her sales to a customer base composed of men and women at the big market in Koutiala.

She plans on making an average profit of 100,000 francs CFA per month. She envisions using the profits to repay Soro the interest and help 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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