A loan of $1,025 helped to buy hair extensions, creams and clothes.

Bakary's story

Bakary is 39 years old, married and the father of 6 children. He lives with his wife and children in their home in the district of Dougounina, in Bougouni. Having quickly left school in the 5th year of basic education (in the Malian education system), he started doing revenue-generating activities, namely the buying and selling of hair extensions, creams and all sorts of clothing. He learnt his trade at his uncle's side. He is a master of his business, with over 10 years of experience.

In order to strengthen his business, he decided to join Soro Yiriwaso and get a loan with which to buy 10 boxes of hair extensions of varying quality, 15 boxes of creams of differing quality and a dozen sets of clothing for children. He gets his supplies in Bamako (capital of the Republic of Mali). He makes his sales from his shop, located at the centre of the Bougouni Grand Market. His customer base is essentially made up of women. This is his first experience with Soro Yiriwaso. Using this loan, he expects to make a monthly profit of 75 000 francs. He plans to use the profit to expand his shop, pay the loan interest and meet his needs.

Translated from French by Kiva volunteer

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Loan details