A loan of $1,000 helped to buy some sewing machines and fabrics.


Almoudou's story

Almoudou is over 46 years old. He is married and the father of four daughters. He lives with his family in Médine, one of the working-class neighborhoods of the city of Sikasso (third administrative region of the republic of Mali). Almoudou did not have the opportunity to progress far in his studies. Instead, he quickly learned to sew from his uncle, in Sikasso. He has now been working as a tailor for more than 30 years. His shop is located at the Grand Market in Sikasso, and most of his customers are male stallholders. Thanks to his vast experience in his field of work, he is held in high esteem by other tailors and he is the president of the Supervisory Committee of the A.T.S. (Association des Tailleurs de Sikasso), the Sikasso Tailors' Association. In addition to his job as a tailor, Almoudou also buys sewing machines in Lomé (republic of Togo), as well as fabrics for men, which he resells to other tailors in Sikasso. Eager to meet the increasing number of orders he receives, he is requesting this fourth loan from the microfinance institution Soro Yiriwaso, with which he has collaborated for about four years. This new loan will allow him to buy 15 sewing machines and accessories and 30 pieces of fabrics, each measuring 1 x 3 meters. Thanks to this loan, Almoudou is expecting monthly profits to reach 300,000 CFA francs, which will help him to cover most of his personal expenses, to contribute to his family's expenses and pay off his loan's interest. He will reinvest the rest of his money in his shop.

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Translated from French by Kiva volunteer Sophie Narayan



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