Funded

Total loan: $425
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Assanatou

Mali
Bougouni, Mali / Soft Drinks

A loan of $425 helped to purchase ingredients for selling juices.


Assanatou's story

Ms. Assanatou is a 37-year-old married woman and the mother of three children. She lives with her husband and children in the Hérémakono Nord district of Bougouni. Ms. Assanatou is a teacher by profession who, concerned about diversifying her sources of income, run revenue-generating businesses to support herself while helping out her husband. She has two freezers she uses full-time to sell juices and ice. She learned this business from her aunt and has been running this business for over eight years.

To satisfy her burgeoning and demanding customer base, she decided to join the loan program at the microfinance institution Soro Yiriwaso and is now on her third loan. She never had any problems repaying. All of her loans are indeed paid back.

She intends to use this new loan to purchase a ½ bag of sugar, a box of vanilla sugar, 15 kg of ginger, and a 30-kg sack of 'dah' (dried hibiscus flowers). She gets her supplies of ingredient at the market of Bougouni. Her juices are sold by her employees at the house, in front of schools, and in the different districts of Bougouni by going door to door.

With this loan, she intends to make a monthly profit of 35,000 francs CFA. With the profits, she envisions expanding her business.

Translator profile picture

Translated from French by Kiva volunteer Daniel Kuey



Loan details

Loan length:

14 months
Repayment schedule: Irregularly
Disbursed date: February 20, 2013
Facilitated by Field Partner: Soro Yiriwaso, a partner of Save the Children

Lenders and lending teams



Loan details

Loan length:

14 months
Repayment schedule: Irregularly
Disbursed date: February 20, 2013
Facilitated by Field Partner: Soro Yiriwaso, a partner of Save the Children