A loan of $800 helped buy clothing.

Fatoumata's story

Mrs. Fatoumata is 42 years old, married with four children. She lives in a nuclear family with her ​​husband and children in the Sébougou district of Ségou (fourth administrative region of the Republic of Mali).

Fatoumata has not attended school for social reasons. She became involved with income-generating activities alongside her mother who sold condiments. After several years of learning from her, she evolved on her own, ultimately to become a retail clothing merchant.

She has been in business for 15 years. Her selling strengths are the affordability of her products, her business acumen and especially the quality of her clothes.

To meet her customers' demand, especially for the coming holidays - namely Ramadan, the Tabaski (important Muslim festival also known as Aïd El Kabir), Christmas and December 31 - she is requesting a new loan from Soro Yiriwaso with whom she has been cooperating for the past 36 months.

All three individual loans have been repaid in full. This will be the fourth loan she will use to buy 50 lengths of wax cloth (colorful West-African fabric). She resupplies in Bamako. Mrs. Fatoumata sells for cash and credit to a clientele composed mainly of women.

With this loan, she intends to make monthly profits of 50,000 FCFA, she will use to deal with family expenses and pay her tontines (participation in group savings).

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Translated from French by Kiva volunteer René McConnell

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