A loan of $300 helped to stock up on staples for his store.


Yaya's story

Mr. Yaya, age 22, is a single man without children who lives in his father’s home in the Torakabougou district of Bougouni. He never attended school. He became a sheperd at a young age alongside his father in the village near Bougouni.

After a few years, he left the village to undertake income-generating activities such as the sale of various staples. With six years of experience, he now has a good command of his activity.

To meet the needs of a growing customer base, he joined the microfinance institution Soro Yiriwaso. Having obtained and correctly repaid two loans, he is now seeking a 3rd loan to buy two bags of sugar, six boxes of tea, four cartons of cigarettes and five boxes of soaps. He buys his merchandise in
Bougouni and in Bamako, capital of the Republic of Mali. His client base is composed of locals.

With this loan, Yaya expects to earn a monthly profit of 30,000FCFA. He plans to use his profits to expand his store.

Translated from French by Kiva volunteer



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