A loan of $400 helped to increase his stock of staple goods.


Kalidou's story

Kalidou is 45 years old and he has a family. One year ago, he opened and started to manage a small grocery store in one of the neighborhoods of the capital city. His small retail business is doing well, thanks to Kalidou's warm welcome, to his professional experience and to the fact that he has managed to build a good customer base over time. However, with an increasing number of customers, Kalidou can no longer meet demand because his capital is so small that he has to buy in retail quantities.

Kalidou is requesting this loan in order to boost his small business and diversify his merchandise (rice, salt, mineral water, boxes of sugar, snacks...) which will help him to increase his profit margin. He will reinvest part of his profits in his activity in order to cover the needs of his business. With the rest of the money, he will be able to meet his daily needs as well as those of his family.

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Translated from French by Kiva volunteer Sophie Narayan



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