A loan of $725 helped to purchase ingredients for making juices.


Assetou's story

Ms. Assetou is a 39-year-old married woman and the mother of seven children. She lives with her husband and children in the Torakabougou district of Bougouni. Having dropped out of primary school in the 5th year (Malian education system), she decided to learn about revenue-generating work. And so she started watching her sister to learn about making and selling juices and ice. She has been operating this business for several years, has mastered it, and is much in demand in the district for the quality of her juices.

Ms. Assetou knew about the microfinance institution Soro Yiriwaso through a neighbor in her district. Given the evolution of her business, she decided to come to Soro Yiriwaso to take out an individual loan for increasing her working capital.

With this initial loan, she intends to purchase 2 bags of sugar, a box of vanilla sugar, 25 kg of ginger, and a 50-kg sack of 'dah' (dried hibiscus flowers). She gets her supplies of ingredient at the markets of Bougouni and Sikasso, which is the third administrative region of Mali. Her juices are sold by her employees at the house, at the market, and in front of schools in the different district of Bougouni.

With this loan, she intends to make a monthly profit of 45,000 francs CFA that will be used to expand her business.

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Translated from French by Kiva volunteer Daniel Kuey



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