A loan of $800 helped buy clothing and handbags.

Mariam's story

Born in February 1975 in Sikasso, Mariam is a widow and the mother of three children. She and her children live in her ​​late husband's dwelling in a nuclear family in Wayerma I, one of the neighborhoods in the periphery of Sikasso (third administrative region of the Republic of Mali).

After several unsuccessful activities, Mariam began ten years ago a small business activity involving the purchase and sale of clothing, pagne wax (colorful West-African fabric), handbags and embroidered fabrics.

She buys her goods in Bobo Dioulasso (Burkina Faso) before reselling them at home in Sikasso where her goods are in high demand by her customers (mainly composed of household women and condiment vendors) due to their quality.

In order to better serve her increasing number of customers, she decided to join the Soro Yiriwaso microfinance institution over a year ago. This is her second loan, the previous loan having been correctly repaid.

She is requesting a second loan to increase her working capital in order to buy 30 lengths of pagne wax, 25 complete sets of embroidered clothing and 25 handbags. She plans to achieve monthly profits of 155,000 FCFA which will be used to contribute towards family expenses, pay interest on the loan and invest the rest in her activity.

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Translated from French by Kiva volunteer René McConnell

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