A loan of $400 helped to buy 15 bales of pagnes (colorful African cloth) and 20 boxes of frankincense.

Afouchata's story

Mrs. Afouchata was born in August 1987 in Sikasso. She's married and the mother of three children, and lives with her husband and their children in a large extended traditional family in Bougoula in the city of Sikasso (third administrative region of the Republic of Mali).

After running a lot of unsuccessful businesses, she started buying and selling pagnes (colorful African cloth) and frankincense approximately seven years ago.

Three years ago, eager to better meet an ever-increasing customer demand, she decided to join Kiva's partner, the MFI Soro Yiriwaso.

After a solidarity loan (group loan) with a women's association in her neighborhood, she's now seeking her fourth personal loan. Previous loans were repaid without problems.

This fourth loan will enable her to buy 15 bales of pagnes and 20 boxes of frankincense in Bobo Dioulasso (Burkina Faso) and in Sikasso. She will resell these products as a traveling saleswoman, to a clientele comprising mostly women.

With this loan, she foresees turning an average monthly profit of XOF 60'000 (ca US$ 120), to be used to bolster her working capital, help cover expenses of her family, and repay the loan.

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Translated from French by Kiva volunteer Patrick Stadelmann

Loan details

Lenders and lending teams

Loan details