A loan of $1,000 helped buy ready-to-wear and shoes.


Kansé's story

Mr. Kansé is over 36 years old. He is married and the father of two children. He lives with his family in Sanoubougou I, one of the neighborhoods of the city of Sikasso (third administrative region of the Republic of Mali). After conducting several unsuccessful activities, Mr. Kansé began trading sundry items: ready-to-wear, shoes and grocery items at the Sikasso bus station. He became active in this business at an early age, some 20 years ago. He is much sought after by his customers for the quality of his products. To satisfy an increasing number of customers, he decided to join the Soro Yiriwaso micro-finance institution, where he is on his sixth individual loan. This sixth loan will enable him to buy 40 different shirts, 25 slacks of varying qualities, 25 different pairs of shoes (brands such as Soulier and Ferardine), 10 jackets, 10 T-shirts and 10 full sets of underwear. He buys from wholesalers in Bamako before reselling retail to customers who are for the most part travelers and bus drivers. He expects to make monthly profits of 150,000 FCFA which will be used to contribute to family expenses and pay interest on the loan. The remainder will be invested in his business activity.

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Translated from French by Kiva volunteer René McConnell



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