A loan of $800 helped to purchase condiments.

Ramatou's story

Born in June 1967 in Bobo Dioulasso (Burkina Faso), Ramatou is married and the mother of six children. She lives with her husband and their children in a rented property in Hamdallaye, one of the neighbourhoods of the town of Sikasso. Ramatou has been trading condiments for over thirty years, since she was very young and alongside her mother.
With a view to better meeting the needs of her ever-growing customer base, she decided to join the credit program at Soro Yiriwaso approximately seven years ago. Since then she has had several group loans with a women's association in Kadiolo Noumousso, and is now on her sixth cycle of personal loans - all her previous loans have been fully repaid.
She wants to use this latest loan from Soro Yiriwaso in order to become a wholesaler in the market where she works - so she can supply the market traders who often have trouble finding supplies. With this loan, she plans to buy twenty crates of tomato concentrate, ten crates of Maggie (stock cubes), five sacks of peppercorns, five sacks of dried onion, five bags of bay leaves and ten cases of mustard - from the 'grand marché' in Sikasso.
She plans to resell these goods in bulk - for cash and/or credit - to her trader colleagues from the new market in Médine where she runs her business. With the proceeds of this loan, she expects to generate a monthly profit of 100,000 FCFA which she will use to contribute to the family's living expenses, to pay the interest on the loan, and to invest the balance in her business.

Translated from French by Kiva volunteer Alistair Assheton

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