A loan of $825 helped to buy grocery products.


Barou's story

Barou is 25 years old and the father of one child. He lives with his wife and child in a large traditional family in the Torakabougou neighborhood of the city of Bougouni. Since he didn't go to school, he quickly got involved in income-generating activities, after spending a few years working as a shepherd alongside his father, in his village.

He then decided to buy and sell grocery products, a business he learned from his uncle.

Looking for additional financial resources, Barou decided to join the loan program offered by Soro Yiriwaso. This is his first loan, which he will use to buy five bags of sugar, six boxes of tea, eight boxes of cigarettes, eight boxes of soap, two boxes of powdered milk sachets and one box of candy. He will resell all these goods in his shop.

Barou stocks up in Bamako (capital city of the republic of Mali) and sometimes in Bougouni. He buys his supplies from wholesalers and resells for cash and on credit to a retail customer base consisting of men and women.

Thanks to this loan, Barou is expecting to make a monthly profit of 45,000 CFA francs, which will be used to repay his loan and to contribute to his family's expenses.

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Translated from French by Kiva volunteer Sophie Narayan



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