A loan of $325 helped to purchase shoes and ointments to sell.


Oumou's story

Ms. Oumou is a 25-year-old married woman and the mother of one child. She lives with her child at her husband's place in the Massablacoura district of Bougouni. After a few years of modern schooling without success, she decided to interest herself in revenue-generating businesses, especially in the buying and selling of shoes and ointments. She learned this business from her mother. With five years of experience, she has a mastery of her work.

Having been introduced to the microfinance institution Soro Yiriwaso through a solidarity loan association in her district, she decided to join the Soro Yiriwaso loan program and is now on her first individual loan. She intends to use her loan to purchase 3 dozen pairs of shoes of diverse types and 2 dozen of ointments of several qualities. She gets her supplies in Bougouni and sometimes in Bamako. Sales are made at her store located in the Massablcoura district in Bougouni. She has a mixed customer base.

Ms. Oumou envisions making a monthly profit of 30,000 francs CFA. With the profits, she envisions improving her enterprise further and paying back the loan.

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Translated from French by Kiva volunteer Daniel Kuey



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