A loan of $725 helped to purchase cereals.

Mamadou Adama's story

Born in January 1983 in Kolondièba (a borough in the third largest administrative region of Mali), Mamadou lives in the town of Kolondièba with his two children and his wife, as a nuclear family. Mamadou became interested at an early age in income generating activities, in particular the buying and selling of cereal crops (maize, cornmeal, sorghum etc).
With four year's experience in this field, he is much appreciated and sought after at the market, in particular on fête days. Mamadou is working with Soro Yiriwaso to grow his capital in order to service his ever growing customer base; he is on his second loan, having fully repaid the previous one. Mamadou intends to use his loan in order to purchase 400 kilos of cereals. He buys his supplies from producers in the surrounding villages. His sales take place in his shop for cash on a retail basis, and occasionally for credit, to both men and women customers.
Mamadou hopes to achieve an average monthly profit of 40,000 FCFA which will be used to meet the family's needs, to repay the loan, and to invest back into the business.

Translated from French by Kiva volunteer Alistair Assheton

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